State Bank of India (SBI) has announced that four directors on its Central Board will conclude their tenures on June 25, 2026, after business hours. This follows the completion of their respective terms as per the State Bank of India Act, 1955. The directors affected are Shri Ketan S. Vikamsey, Shri Mrugank M. Paranjape, Shri Rajesh Kumar Dubey, and Shri Dharmendra Singh Shekhawat. The bank has duly informed the stock exchanges regarding this development.
Director Tenure Completion Announced by SBI
State Bank of India (SBI) has formally notified the completion of tenure for four esteemed Directors serving on its Central Board. This significant announcement, made under the purview of SEBI (LODR) Regulations, 2015, confirms that these directors will conclude their service on June 25, 2026, at the close of business hours. The end of tenure is attributed to the natural completion of their terms as stipulated by the State Bank of India Act, 1955.
Key Directors Concluding Service
The four Directors whose tenures will be ending are:
- Shri Ketan S. Vikamsey
- Shri Mrugank M. Paranjape
- Shri Rajesh Kumar Dubey
- Shri Dharmendra Singh Shekhawat
SBI has submitted this disclosure to both the BSE Limited and the National Stock Exchange of India Limited, ensuring transparency and compliance with all applicable regulations. The bank continues to operate with its governance framework intact as these terms conclude.
Source: BSE
