Karur Vysya Bank Limited — Board Meeting, 20-02-2025: Outcome of Board Meeting

The Board has approved the re-appointments of Dr. Meena Hemchandra and Shri. Murali Ramaswami as Non-Executive Independent Directors for five-year terms, effective from 26.05.2025 and 14.06.2025, respectively, pending shareholder approval. Additionally, Shri. Sankar Balabhadrapatruni has been appointed as an Additional Director, designated as Executive Director & Key Managerial Personnel, for a three-year term, also subject to shareholder approval. The Board has allotted 11,219 equity shares under the KVB ESOS 2011 Scheme to employees who exercised options.