AU Small Finance Bank Limited has announced the conclusion of the tenure for Independent Director, Ms. Kavita Venugopal (DIN: 07551521). Her cessation from the Board is effective from the close of business hours on March 28, 2026. The Bank formally expressed sincere appreciation for her valuable contributions during her tenure and extended its gratitude for her service to the institution.
Departure of Independent Director Confirmed
AU Small Finance Bank Limited today issued a formal notification regarding the departure of one of its key members from the Board. Ms. Kavita Venugopal, holding DIN 07551521, has completed her tenure as an Independent Director of the Bank.
The cessation of her appointment took effect at the close of business hours on March 28, 2026. The Bank confirmed that the reason for the change was the Completion of tenure, as detailed in the mandatory disclosures.
Bank Acknowledges Contribution
The management and Board of the Bank took the opportunity to publicly acknowledge Ms. Venugopal’s tenure. A statement confirmed that the Bank places on record its sincere appreciation for the valuable contributions she made throughout her service. The institution extended its heartfelt gratitude and wished her success in all her future professional endeavors.
Details of Cessation
In compliance with regulatory requirements, the Bank provided the necessary specific details:
- Name: Ms. Kavita Venugopal
- Reason for Cessation: Completion of tenure
- Effective Date of Cessation: Close of business hours on March 28, 2026
The disclosure further noted that there were No Applicable entries for a brief profile or any disclosed relationships between Directors in this context.
Source: BSE
