Key Dates

  • Cut-off date for shareholder eligibility: Friday, June 05, 2026
  • E-voting commencement: Friday, June 12, 2026 at 09:00 hours IST
  • E-voting conclusion: Saturday, July 11, 2026 at 17:00 hours IST
  • Results announcement: On or before Tuesday, July 14, 2026

Parties Involved

  • Scrutinizer: CA Arshad Hussain Mir, Practicing Chartered Accountant (Membership No.: FCA: 521477)
  • E-voting service provider: M/s Bigshare Services Private Limited
  • Regulatory references: Section 110 of Companies Act, 2013; Rule 20 and Rule 22 of Companies (Management and Administration) Rules, 2014; SEBI Listing Regulations

Resolution Details

Item No. 01 - Appointment of Mr. Ashish Kundra, IAS (DIN: 06966214)

  • Appointment as Rotational Director (Non-Executive)
  • Originally appointed as Additional Director on April 23, 2026
  • Requires Ordinary Resolution approval
  • Date of Birth: March 06, 1973
  • Qualifications: B.Tech (Electronics), IAS
  • Expertise: Administration, Finance, Human Resource, Information Technology and Business Management
  • Shareholding: 4,58,29,445 shares
  • No remuneration proposed
  • Attended 1 out of 2 Board meetings since appointment

Item No. 02 - Appointment of Mr. Pravin Raghavendra (DIN: 09686944)

  • Appointment as Independent Director (Non-Executive) for 3 years from April 23, 2026 to April 22, 2029
  • Requires Special Resolution approval
  • Date of Birth: April 21, 1965
  • Qualifications: B.Sc (Mathematics Hons), LLB, JAIIB, Certificate on Strategy (London Business School)
  • Expertise: Banking, Finance, Agriculture & Rural Economy, SSI, Law, Human Resources, Risk Management and Business Management
  • Current directorships: Sitaara Housing Finance Limited (Independent Director and Chairman ACB), Protium Finance Limited (Independent Director)
  • Remuneration received: ₹1,20,000 (Sitting Fees) since appointment
  • Proposed remuneration: ₹10 lakhs per annum fixed remuneration plus ₹40,000 sitting fees per Board/Committee meeting
  • Attended 2 out of 2 Board meetings and 3 out of 3 Committee meetings since appointment

Voting Process

  • E-voting conducted through Bigshare Services Private Limited platform
  • Multiple login methods available for demat account holders through NSDL and CDSL systems
  • Physical shareholders must use Event No + Folio Number as User ID
  • Helpdesk support available at 022-62638338 or ivote@bigshareonline.com
  • Once vote is cast, it cannot be changed

Document Distribution

  • Notice sent electronically to shareholders with registered email addresses as of June 05, 2026
  • Notice available on Bank's website (jkb.bank.in), stock exchange websites (BSE, NSE), and Bigshare website (bigshareonline.com)
  • Newspaper publication will be made for shareholders without registered email addresses

Financial Impact

The appointments have no immediate financial impact except for the proposed remuneration for Mr. Pravin Raghavendra of ₹10 lakhs per annum plus meeting fees if approved.