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CSB Bank informs about outcome of board meeting

16 Apr 2025 Evaluate

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), and in continuation of its letter no. SEC/064/2025 dated March 11, 2025, CSB Bank has informed that the Board of Directors (the ‘Board’) of the bank, in their meeting held today, on April 16, 2025, on receipt of approval of members through resolution passed by means of Postal Ballot dated April 10, 2025, and pursuant to the recommendation made by the Nomination & Remuneration Committee (the ‘NRC’), appointed Biswamohan Mahapatra (DIN: 06990345) as an Independent Director of the Bank, with effect from April 16, 2025 up to August 2, 2029, not liable to retire by rotation. The disclosure as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024, in connection with the appointment, had been submitted vide letter dated March 11, 2025, cited above. Biswamohan Mahapatra is not debarred from holding the office of director by virtue of any order issued by SEBI or any other such authority. The Board meeting commenced at 10.10 am IST and concluded at 10.35 am IST. This intimation is also made available on the website of the Bank at www.csb.co.in.

The above information is a part of company’s filings submitted to BSE.


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