Section A – KMP Resignation Details
Name of Resigning KMP: Shri Brajesh Kumar Singh
Designation: Executive Director
Reason for Resignation: Appointment as Managing Director & Chief Executive Officer of Canara Bank
Effective Date of Resignation: June 1, 2026
Date of Resignation Letter: Not Specified
Duration in Role: Not Specified
Board's Acknowledgment / Statement: Not Specified
Replacement Appointed: Not Specified
Regulatory Compliance Statement: Disclosure made in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Appointment made by Central Government vide Notification eF.No. 4/3/2024-BO.I dated 01.06.2026 under Section 9(3)(a) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with paragraph 8 (1) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970.
Delay in Disclosure: No delay indicated - disclosure dated June 1, 2026
Section B – Additional Observations or Disclosures
Transition & Internal Role Reallocations: Shri Brajesh Kumar Singh has assumed the office of Managing Director & Chief Executive Officer of Canara Bank with effect from June 1, 2026. His tenure is specified to continue until the date of his attaining the age of superannuation (April 30, 2029) or until further orders, whichever is earlier.
Successor Appointments: No successor appointment mentioned for the Executive Director position at Indian Bank.
Section C – Financial & Governance Disclosures
Audited Financial Results: Not Specified
Auditor's Report Summary: Not Specified
Dividends / Capital Changes / Buybacks: Not Specified
Board / Committee Updates or Key Appointments: Not Specified