South Indian Bank has announced that Mr. Mazhuvancheri George Korah (DIN:08207827), a Non-Executive Independent Director, will retire from the office on August 30, 2026. This retirement follows the completion of his term of appointment, a routine governance change for the bank. The information has been disseminated as per SEBI regulations and is available on the bank’s website.
Director Retirement Announcement
South Indian Bank has formally notified the stock exchanges regarding the retirement of one of its Non-Executive Independent Directors. Mr. Mazhuvancheri George Korah, identified by DIN:08207827, will be stepping down from his position on August 30, 2026, upon the conclusion of his designated tenure with the bank. This transition is a standard part of corporate governance, marking the end of Mr. Korah’s service as an independent director.
Corporate Governance Update
The bank has ensured compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, by providing this intimation. The details of this directorial change, including the reason for the cessation and the effective date, have been duly recorded. Further details are also accessible on the official website of South Indian Bank, underscoring the bank’s commitment to transparency in its corporate affairs.
Source: BSE
