Change in Director / Key Managerial Personnel
Nature of change: Appointment
Name and DIN of the individual: Shri Ravikumar Sadhana (DIN not disclosed in the data)
Effective date and tenure: Effective from date of taking charge (specific date to be informed later). Term appointed for three years from the date of taking charge.
Brief profile and relevant qualifications: Shri Ravikumar Sadhana had served at State Bank of India in various roles from 1994 and superannuated from service on 31st May 2026. His last position was Chief General Manager, Operations - Corporate Banking, indicating extensive experience in corporate banking operations and management.
Confirmation of eligibility: The appointment was approved by the Board pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, indicating compliance with regulatory norms.
Relationship with other directors: Disclosure states "Not Applicable" for relationship between directors.
Previous KMP: The data does not specify who held the position of Head - Corporate & Commercial Banking earlier or what happened to their tenure.
Key Financial or Operational Approvals
The Board meeting held on 20th July 2026 specifically approved the appointment of Shri Ravikumar Sadhana. The meeting commenced at 12.45 P.M. and concluded at 4.30 P.M. No other financial or operational approvals are mentioned in the data.
Strategic or Business Context
The data does not contain any commentary on business outlook, risks, trends, or macro/micro developments. The appointment focuses on strengthening the corporate and commercial banking leadership.
Any Other Material Information
The disclosure is made pursuant to SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company secretary and compliance officer, Srinivasarao Maddirala, signed the disclosure digitally on 20th July 2026 at 19:25:46.