Jana Small Finance Bank has formally announced that two of its Directors, Mr. Ramalingam Ramaseshan and Mr. Ramesh Ramanathan, have completed their tenure on the Board. This conclusion of service was effective as of the close of business on February 7, 2026. The decision aligns with the provisions of the Banking Regulation Act, 1949, and associated Companies Act rules, concluding their roles with immediate effect.
Completion of Director Tenure Notified
Jana Small Finance Bank Limited has issued a formal notification regarding the conclusion of service for two members of its Board of Directors. This action was taken pursuant to Section 10A (2A) of the Banking Regulation Act, 1949, read in conjunction with the Companies (Appointment and Qualification of Directors) Rules, 2014.
Directors Concluding Service
The Board of Directors officially acknowledged the completion of tenure for the following individuals, effective from February 7, 2026:
- Mr. Ramalingam Ramaseshan (DIN: 00200373)
- Mr. Ramesh Ramanathan (DIN: 00163276)
Consequently, both mentioned Directors ceased to be members of the Board of Directors of the Bank after the close of business hours on 07th February 2026.
Regulatory Compliance
The Bank confirms that this change in directorship has been noted and implemented in compliance with the relevant statutory provisions governing banking and corporate governance. The information has been duly recorded and is now being disclosed to the stock exchanges as required.
Source: BSE