Further to its letter no. SEC/ST.EX.STT/ 29 /2026-27 dated May 22, 2026, South Indian Bank has informed that Reserve Bank of India vide its letter no. CO.DOR.HGG.No.S2995/08-51-001/2026-2027 dated July 07, 2026, at 6.41 PM IST has conveyed their approval for the appointment of Mahesh Muralidhar Pai (DIN: 09164982) as Managing Director (MD) & CEO of the Bank for a period of three years with effect from October 1, 2026. The company has informed that an agenda for appointment of Mahesh Muralidhar Pai (DIN: 09164982) as the Managing Director & CEO of the Bank will be placed to the Board meeting scheduled to be held on 16th July, 2026 and the approval of the shareholders shall be obtained thereafter in this regard as per the applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations. The aforesaid information is also being hosted on the website of the Bank www.southindianbank.bank.in.
The above information is a part of company’s filings submitted to BSE.
