Bandhan Bank’s board has approved the re-appointment of Mr. Ratan Kumar Kesh as Executive Director, effective March 31, 2026, for a 3-year term. Additionally, the board has approved seeking shareholder approval via postal ballot for increasing employee stock options and related amendments. The meeting took place on January 22, 2026, concluding at 4:35 P.M.
Executive Director Re-Appointment
Mr. Ratan Kumar Kesh has been re-appointed as a Whole-time Director, designated as ‘Executive Director and Chief Operating Officer’ and Key Managerial Personnel, effective March 31, 2026. His new term will be for a period of 3 years and he will be liable to retire by rotation.
The re-appointment follows the approval granted by the Reserve Bank of India and is based on the recommendation of the Nomination and Remuneration Committee.
Postal Ballot Approvals
The Board has also approved seeking shareholder approval via postal ballot for the following:
- Increase in the aggregate number of employee stock options to be granted under ‘Bandhan Bank Employee Stock Option Plan Series 1’.
- Amendments in the ‘Bandhan Bank Employee Stock Option Plan Series 1’.
- Re-appointment of Mr. Ratan Kumar Kesh as the Executive Director & Chief Operating Officer and Key Managerial Personnel of the Bank
- Remuneration of Mr. Partha Pratim Sengupta as the Managing Director & Chief Executive Officer of the Bank
- Remuneration of Mr. Rajinder Kumar Babbar as Executive Director & Chief Business Officer of the Bank
- Remuneration of Mr. Ratan Kumar Kesh as Executive Director & Chief Operating Officer of the Bank
The Notice of the Postal Ballot, including Explanatory Statements, will be submitted in due course.
Meeting Conclusion
The Board Meeting commenced at 10:00 A.M. and concluded at 04:35 P.M. on January 22, 2026.
Source: BSE
