Management Change30 Sept 2026, 07:10 pm
Federal Bank Director Ramanand Mundkur Retires Post Tenure
AI Summary
Federal Bank Ltd announced the retirement of Mr. Ramanand Mundkur as an Independent Director, effective September 30, 2026, upon completion of his tenure. Mr. Mundkur's term as Independent Director was from October 01, 2021, to September 30, 2026. The bank has provided the necessary disclosures as per SEBI regulations. This change is a routine completion of tenure and does not indicate any adverse circumstances.
Key Highlights
- Independent Director Ramanand Mundkur retires from Federal Bank.
- Retirement is effective September 30, 2026, upon tenure completion.
- Director's term was from October 01, 2021, to September 30, 2026.
- Disclosure made as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Price Impact
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