Ujjivan Small Finance Bank announced the retirement of Ms. Vijayalakshmi Muddu, Head of Internal Audit and Senior Management Personnel (SMP), effective October 30, 2026. She voluntarily retired due to personal and family reasons. The bank has submitted the requisite disclosures to the stock exchanges regarding this change in senior management.
Senior Management Change at Ujjivan Small Finance Bank
Ujjivan Small Finance Bank has informed the stock exchanges about a significant change in its senior management. Ms. Vijayalakshmi Muddu, who held the position of Head of Internal Audit and was designated as a Senior Management Personnel (SMP) of the bank, has voluntarily retired from her post.
Reason for Retirement and Effective Date
The retirement is attributed to personal and family reasons. Ms. Muddu’s last working day at the bank was October 30, 2026. The bank has provided the necessary disclosures as per SEBI regulations, indicating compliance with listing obligations.
Disclosures Provided
As per Annexure I, Ms. Vijayalakshmi Muddu’s designation was Head of Internal Audit, and her reason for change was Voluntary Retirement. The cessation was effective from October 30, 2026. Annexure II provides further initiation details, including her employee ID (UJJ81933), date of resignation as October 28, 2026, and requested last day as October 30, 2026. Her date of joining the bank was June 2, 2025.
The bank has also stated that this intimation will be available on its website, www.ujjivansfb.bank.in.
Source: BSE