Ind Bank Housing Limited has announced the appointment of two new directors to its board. Smt. R. Padma has been appointed as an Independent Director for a second consecutive term of 5 years. Additionally, Shri. R Murugesan has been appointed as a Non-Executive Nominee Director. These appointments are effective from August 14, 2026, subject to shareholder approval in the upcoming annual general meeting.
Board Appointments
Ind Bank Housing Limited has officially announced significant changes to its Board of Directors, following a meeting held on August 14, 2026. The Board has approved the appointment of two key individuals, reinforcing the company’s governance structure.
Independent Director Re-appointment
Smt. R. Padma has been re-appointed as an Independent Director. This marks her second consecutive term, which will be for a period of 5 years. Her re-appointment is subject to the approval of shareholders at the ensuing annual general meeting.
New Non-Executive Nominee Director
Furthermore, Shri. R Murugesan has been appointed as a Non-Executive Nominee Director. This appointment is made under Section 161(3) of the Companies Act, 2013. The details of these appointments, as required by SEBI regulations, are provided in Annexures I and II of the disclosure.
Source: BSE
