Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, CSB Bank has informed that Thomas Mathew (DIN: 01277149), Independent Director, retired from the office of directorship with effect from September 25, 2020, upon completion of his term of appointment. As per the extant Reserve Bank of India guidelines, the upper age limit prescribed for directors in the banking companies is 70 years and Thomas Mathew is nearing 70 years of age. Further, in continuation to its letter no. B&S/139/2020 dated August 20, 2020 regarding reconstitution of committees of the Board, it has informed that, by virtue of retirement of Thomas Mathew, Audit Committee of the Board, Nomination & Remuneration Committee and Stakeholder’s Relationship Committee, the committees mandatorily required to be constituted as per the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, stands reconstituted.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
HDFC Bank | 1795.55 |
ICICI Bank | 1292.50 |
Axis Bank | 1076.55 |
Kotak Mahindra Bank | 1744.95 |
Indusind Bank | 943.85 |
View more.. |