RBL Bank Limited — Others, 18-12-2024: Shareholders meeting

RBL Bank has announced a board meeting regarding a postal ballot for member consent on special business matters. Key resolutions include approving the remuneration for R. Subramaniakumar, Managing Director & CEO, at ₹6.02 crore (₹3.01 crore cash and ₹3.01 crore non-cash), and for Rajeev Ahuja, Executive Director, at ₹2.58 crore (₹1.29 crore cash and ₹1.29 crore non-cash) for FY 2023-24. The outcome could positively influence shareholder sentiment by aligning compensation with performance, enhancing governance, and potentially boosting the Bank’s strategic growth initiatives. Remote e-voting starts on December 19, 2024, and concludes on January 17, 2025.