Indian Bank has announced the appointment of Shri Bhupinder Singh Bhalla as a Shareholder Director on the Board of the Bank, effective December 31, 2025. Shri Bhalla will hold office for a term extending up to March 8, 2027. This appointment follows the cancellation of an earlier agenda item related to the election of a Shareholder Director. Shri Bhalla is not related to any other Directors of the Bank.
Shareholder Director Appointment
Shri Bhupinder Singh Bhalla has assumed the office of Shareholder Director at Indian Bank, effective December 31, 2025. This appointment follows the bank’s letter dated December 30, 2025, which discussed the election of a Shareholder Director and cancellation of a related agenda item from an Extraordinary General Meeting.
Term of Appointment
Shri Bhupinder Singh Bhalla is set to hold this office for a period extending up to March 8, 2027. The bank has confirmed that Shri Bhalla is not related to any other Directors currently serving on the Board.
Director Eligibility
Indian Bank confirms that Shri Bhupinder Singh Bhalla is not debarred from holding the office of Director by virtue of any order from SEBI or any other relevant authority. This ensures compliance and maintains the integrity of the Board.
Shri Bhupinder Singh Bhalla: Profile Overview
Prior to this appointment, Shri Bhupinder Singh Bhalla served as Technical Member, Appellate Tribunal for Electricity, Government of India and Secretary of the Ministry of New and Renewable Energy until his retirement in September 2024. He played a crucial role in driving India’s energy transition, notably launching the National Green Hydrogen Mission and the PM Surya Ghar: Muft Bijli Yojana. In his capacity as Joint Secretary and Additional Secretary in the Ministry of Commerce & Industry, he managed India’s trade negotiations for over five years and previously worked as Counsellor (Economic) at the Indian Embassy in Washington D.C., focusing on bilateral engagements in finance, energy, and agriculture.
Shri Bhupinder Singh Bhalla, has worked as Director, Department of Financial Services Ministry of Finance, and served as Government Nominee Director on the board of Union Bank of India from 24 January 2005 to 10 June 2008.
Source: BSE
