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RBL Bank seeks member approval for Director re-appointments and appointments via postal ballot

RBL Bank Limited

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January 13, 2026, 10:59 AM

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RBL Bank Limited has issued a notice for a postal ballot to seek shareholder approval for two key personnel matters. The first resolution concerns the re-appointment of Mr. Chandan Sinha as a Non-Executive Independent Director for a second consecutive term of three years, effective from May 21, 2026, up to May 20, 2029.

The second resolution is for the appointment of Mr. Jaideep Iyer as a Director and Whole-Time Director, to be designated as Executive Director. His appointment is effective from February 21, 2026, for a period of three years, concluding on February 20, 2029. His remuneration is set at ₹2.76 Crore per annum, including perquisites, subject to regulatory approvals and terms stipulated by the Reserve Bank of India.

The bank is facilitating voting through electronic means (remote e-voting) for these resolutions. The remote e-voting period commenced on January 14, 2026, at 10:00 a.m. (IST) and will conclude on February 12, 2026, at 5:00 p.m. (IST). The cut-off date to determine eligibility for voting was January 9, 2026. The results of the postal ballot will be announced within two working days of the conclusion of the remote e-voting period.

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