
Management Change14 Aug 2026, 07:37 pm
Ind Bank Housing Appoints Two New Directors
AI Summary
Ind Bank Housing Ltd announced board approval for the appointment of Smt. R. Padma as an Independent Director for a second consecutive five-year term and Shri. R Murugesan as a Non-Executive Nominee Director. Smt. Padma brings over 38 years of banking experience, having retired as Deputy General Manager. Shri. Murugesan, currently Regional Chief at HUDCO, has extensive experience in law and loan documentation. Both appointments are subject to shareholder approval at the upcoming Annual General Meeting and are in compliance with SEBI LODR regulations.
Key Highlights
- Board approved appointment of Smt. R. Padma as Independent Director.
- Shri. R Murugesan appointed as Non-Executive Nominee Director.
- Appointments are for five-year terms, subject to shareholder approval.
- Both directors meet regulatory requirements for their positions.
Price Impact
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