Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting - Corporate Governance Changes
Key Financial Highlights:
Not Specified
Corporate Actions:
Not Specified
Director Appointments:
- Mr. Anish Thurthi (DIN: 08713000) appointed as Additional Director in the category of 'Non-Executive Non-Independent'
- Appointment effective from September 25, 2026
- Nominated by FIH Mauritius Investments Ltd (promoter of the Bank)
- Liable to retire by rotation
- Not related to any other director of the Bank
- Not debarred from holding office of Director by SEBI or any other authority
- Bank will seek member approval within prescribed time period under section 161 of Companies Act, 2013
Committee Reconstitution:
Effective from September 26, 2026:
Risk Management Committee:
- Mr. D N Narasimha Raju (Non-Executive & Independent) - Chairperson
- Mr. Pralay Mondal (Executive & Non-Independent) - Member
- Ms. Sheetal Rupesh Sancheti (Non-Executive & Non-Independent) - Member
- Mr. Sudhin Choksey (Non-Executive & Independent) - Member
- Mr. Sharad Kumar Saxena (Non-Executive & Independent) - Member
- Ms. Renu Kohli (Non-Executive & Independent) - Member
- Mr. Biswamohan Mahapatra (Non-Executive & Independent) - Member
Corporate Social Responsibility & ESG Committee:
- Mr. Pralay Mondal (Executive & Non-Independent) - Chairperson
- Mr. Anish Thurthi* (Non-Executive & Non-Independent) - Member
- Mr. Sudhin Choksey (Non-Executive & Independent) - Member
- Mr. Biswamohan Mahapatra* (Non-Executive & Independent) - Member
*Newly inducted member
Other Significant Information:
Director Profile - Mr. Anish Thurthi:
- Chartered Accountant with over 20+ years experience
- Bachelor of Commerce from Bangalore University
- Currently Director at Fairbridge Capital Private Limited (investment advisory firm managing investments for Fairfax Financial Holdings Limited and Fairfax India Holdings Corporation)
- Previously Partner in Deal Advisory practice at KPMG India (13+ years advising 200+ corporate M&A transactions and private equity investments)
- Expertise in financial due diligence, structuring, buyouts, and merger integrations across infrastructure, consumer goods, and industrials sectors
Current Directorships:
1. Bluspring Enterprises Ltd
2. Digitide Solutions Ltd
3. Quess Corp Limited
4. National Commodities Management Services Limited
5. Anchorage Infrastructure Investments Holdings Limited
6. Maxop Engineering Company Private Limited