Bandhan Bank to appoint new nominee director as Divya Krishnan steps down

Bandhan Financial Holdings Limited (BFHL), the Non-Operative Financial Holding Company (NOFHC) and promoter of Bandhan Bank Limited, has informed the bank of a change in its nominee director. Effective from the close of business hours on August 27, 2025, Ms. Divya Krishnan will cease to be a non-executive non-independent director on the board of Bandhan Bank, following the completion of her term as director in BFHL and BFHL's subsequent withdrawal of her nomination.

BFHL has also proposed the appointment of a new nominee director to the bank's board. This proposal will be presented to the Nomination and Remuneration Committee and, subsequently, to the Board for consideration. The process will include necessary due diligence in compliance with regulatory provisions and the bank's policy.

The outcome of the Board meeting regarding the new appointment will be communicated in due course. This disclosure is being simultaneously uploaded on Bandhan Bank's website.