Management Change14 Aug 2026, 07:21 pm
Ind Bank Housing Appoints Two Directors
AI Summary
Ind Bank Housing Ltd announced board approvals for two director appointments. Smt. R. Padma has been appointed as an Independent Director for a second consecutive term of 5 years, subject to shareholder approval. Shri. R Murugesan has been appointed as a Non-Executive Nominee Director under Section 161(3) of the Companies Act, 2013, effective August 14, 2026. Both appointments are in compliance with SEBI LODR Regulations.
Key Highlights
- Board approved appointment of Smt. R. Padma as Independent Director.
- Appointment is for a second consecutive term of 5 years.
- Shri. R Murugesan appointed as Non-Executive Nominee Director.
- Appointments are subject to shareholder and regulatory approvals.
- Board meeting held on August 14, 2026.
Price Impact
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