Change in Director / Key Managerial Personnel
Nature of change: Extension of tenure as Interim CEO
Name and DIN of the individual: Mr. Ketan Merchant (DIN not disclosed in the document)
Effective date and tenure: The extension is effective from May 27, 2026, for a period of three months.
Brief profile and relevant qualifications: No specific qualifications or experience details provided in the disclosure.
Confirmation of eligibility: The approval from Reserve Bank of India (RBI) dated May 25, 2026, serves as regulatory confirmation of eligibility under banking norms.
Relationship with other directors: Not disclosed.
Previous KMP: Mr. Ketan Merchant was already serving as Interim CEO prior to this extension, as referenced in the continuation of the letter dated May 21, 2026.
Potential financial impact: No specific financial impact of this change disclosed. The extension maintains management continuity during the interim period.
Key Financial or Operational Approvals
Not applicable to this disclosure.
Strategic or Business Context
Not applicable to this disclosure.
Any Other Material Information
Regulatory compliance: This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Document availability: The disclosure will be available on the Bank's website at www.fino.bank.in.
Company representative: The letter is signed by Basavraj Shivanand Loni, Company Secretary & Compliance Officer, from Navi Mumbai.
Scrip details: Scrip Code: 543386, Symbol: FINOPB