Indian Bank has announced the conclusion of the tenures of two Part-Time Non-Official Directors. Shri Balmukund Sahay and Shri Vishvesh Kumar Goel have officially stepped down from their positions on the bank’s board effective April 11, 2026, following the completion of their respective terms of appointment on April 10, 2026.
Board Transition Details
Indian Bank has confirmed a change in its board composition. The bank informed the stock exchanges that the term of office for Shri Balmukund Sahay and Shri Vishvesh Kumar Goel, both serving as Part-Time Non-Official Directors, reached its natural conclusion on April 10, 2026.
Effective Date of Cessation
Following the expiration of their terms, both individuals have ceased to serve as Directors of the bank. This change is effective as of April 11, 2026. The bank has acknowledged the conclusion of their service and has updated its records accordingly.
Source: BSE