Management Change25 Jun 2026, 08:19 am
Karur Vysya Bank Director R Ramkumar Completes Tenure
AI Summary
Karur Vysya Bank Ltd has informed BSE that Shri R Ramkumar, a Non-Executive Non-Independent Director, has demitted office effective June 24, 2026. This cessation is due to the completion of his eight-year tenure, as mandated by Section 10A(2A)(i) of the Banking Regulation Act, 1949. The bank has provided the necessary disclosures as per SEBI regulations.
Key Highlights
- Director R Ramkumar's tenure has concluded.
- Cessation is effective June 24, 2026.
- Completion of 8-year term cited as reason.
- Action complies with Banking Regulation Act, 1949.
Price Impact
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