Management Change31 Aug 2026, 06:10 pm
IDBI Bank Executive Director Sunit Sarkar Retires
AI Summary
IDBI Bank Ltd has announced the cessation of Shri Sunit Sarkar as an Executive Director and Senior Management Personnel. This change is effective from the close of business hours on August 31, 2026, due to his attainment of the age of superannuation. The bank has informed the stock exchanges as per SEBI (LODR) Regulations, 2015.
Key Highlights
- Executive Director Sunit Sarkar to retire on August 31, 2026.
- Cessation is due to superannuation.
- The bank has complied with SEBI reporting regulations.
- No financial figures are associated with this change.
Price Impact
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