Management Change6 Nov 2026, 07:42 pm
Equitas SFB Appoints Interim MD & CEO, Closes Trading Window
AI Summary
Equitas Small Finance Bank Limited announced the appointment of Mr. Balaji Nuthalapadi as interim MD & CEO for three months, effective November 6, 2026, following the resignation of Mr. P. N. Vasudevan. The Reserve Bank of India approved this interim appointment. Concurrently, the bank informed about the closure of its trading window for designated persons and their immediate relatives from November 7 to November 8, 2026, reopening on November 9, 2026, in accordance with its insider trading code.
Key Highlights
- Balaji Nuthalapadi appointed interim MD & CEO.
- RBI approved the appointment of Mr. Nuthalapadi.
- Mr. P. N. Vasudevan relieved as MD & CEO.
- Trading window closed from Nov 7-8, 2026.
- Board meeting held on November 6, 2026.
Price Impact
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