Board appoints Ajit Venugopalan, re-appoints Hasmukh Dedhia

The company's Board of Directors approved the appointment of Mr. Ajit Eledath Venugopalan as an Additional Independent Director for a five-year term starting May 28, 2026. Concurrently, Mr. Hasmukh Bhavanji Dedhia was re-appointed as an Independent Director for a second five-year term effective June 1, 2026. Both appointments are subject to shareholder approval. The Board also noted the completion of Mr. Dilip Khushalchand Gosar's second term as Independent Director, effective June 12, 2026. Mr. Venugopalan brings over 30 years of banking and finance experience, including serving as MD of SVC Co-operative Bank.