Nature of change: Appointment of Mr. Rajeev Gupta (DIN: 08316212) as an Additional Director in the category of Rotational Directors on the Board of Directors of Jammu and Kashmir Bank Limited.
Effective date: The appointment is effective from September 23, 2026, subject to approval of the shareholders.
Approval details: The appointment was approved by the Board of Directors at its meeting held on Tuesday, September 22, 2026. The meeting commenced at 03:00 P.M. and concluded at 06:10 P.M.
Director profile: Mr. Rajeev Gupta is a Chartered Accountant with over 33 years of professional experience in accounting, auditing, financial reporting, taxation and regulatory compliance. He qualified as a Chartered Accountant from the Institute of Chartered Accountants of India in May 1993 and holds a Bachelor of Commerce degree from SPMR College of Commerce, Jammu.
Professional experience: He is associated with Rajeev Kuldip & Co., Chartered Accountants, Jammu, established in June 1993, and has served as an Executive Director in other companies. His experience includes management and execution of audits, preparation and review of financial reports, budgeting and cash-flow analysis, taxation matters including Income Tax and GST, and ensuring compliance with applicable regulatory requirements. He has worked with non-profit organizations on financial records and compliance and has been involved in the implementation of the Industrial Policy of Jammu & Kashmir.
Regulatory compliance: The appointment is made pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026.
Eligibility confirmation: Mr. Rajeev Gupta is not debarred from holding the office of Director by any SEBI order or any other authority.
Relationship disclosure: There is no relationship between directors inter-se (nil disclosure).
Any Other Material Information
Regulatory filings: The disclosure was submitted to National Stock Exchange of India Limited (Symbol: J&KBANK) and The BSE Limited (Scrip Code: 532209).
Company identification: Jammu and Kashmir Bank Limited CIN: L65110JK1938SGC000048.
