RBL Bank members approve director remuneration via e-voting

RBL Bank Limited announced on October 30, 2025, that its members have approved ordinary resolutions for the remuneration of two key executives via a remote e-voting postal ballot. The resolutions pertain to the remuneration payable to R. Subramaniakumar, managing director & CEO, and Rajeev Ahuja, executive director.

The remote e-voting period, which commenced on October 1, 2025, and concluded on October 30, 2025, saw significant participation. For Mr. Subramaniakumar's remuneration, 29,67,87,889 votes (99.7610%) were cast in favor, with 7,10,915 votes (0.2390%) against. For Mr. Ahuja's remuneration, 29,67,77,816 votes (99.7576%) were in favor, and 7,21,002 votes (0.2424%) were against. Both resolutions passed with the requisite majority.

A total of 354,820 shareholders were on record as of the cut-off date, September 26, 2025, for ascertaining voting rights. The voting results, along with the Scrutinizer's Report from S. N. Ananthasubramanian & Co., are available on the bank's website and www.evotingindia.com.