Karur Vysya Bank MD & Director Reappointment Approved

Karur Vysya Bank shareholders approved B Ramesh Babu's reappointment as MD & CEO for a third two-year term via postal ballot with 99.67% votes in favor.
Shareholders also approved CA Dr Chinnasamy Ganesan's reappointment as Non-Executive Independent Director for a second five-year term with 99.27% votes in favor.
Voting was conducted exclusively through remote e-voting from March 19 to April 17, 2026, with NSDL as the e-voting agency and a scrutinizer appointed to oversee the process.
The bank disclosed detailed voting results by shareholder category showing 52.46% overall participation for the ordinary resolution and 52.35% for the special resolution.