Management Change14 Aug 2026, 09:51 pm
ESAF Small Finance Bank Appoints Two Directors, Reappoints One
AI Summary
ESAF Small Finance Bank Ltd announced changes in its directorial board following its 10th Annual General Meeting held on August 14, 2026. Shareholders approved the appointment of Shri. Hari Velloor as Non-Executive Director and Shri. Ashok Tukaram Dhamankar as Non-Executive Independent Director, both for a three-year term effective September 1, 2026. Additionally, Prof. Biju Varkkey was re-appointed as Non-Executive Independent Director for three years from August 17, 2026. These appointments are subject to regulatory compliance and are detailed in annexures to the filing.
Key Highlights
- Two new directors appointed to the board.
- One existing director re-appointed for a new term.
- Appointments are for a period of three consecutive years.
- Changes approved at the bank's 10th Annual General Meeting.
- Effective dates for new directorships are September 1, 2026.
Price Impact
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