SBI Cards and Payment Services Limited — Others, 13-08-2025: Change in Director(s)

SBI Cards has announced changes to its Board of Directors. Mr. Rajendra Kumar Saraf, a Non-executive Independent Director, has completed his second term and ceased to be a Director. Concurrently, the Board has approved the appointment of Mr. Rajnikant Patel as an Additional Independent Director for three years, pending shareholder approval. Mr. Patel is a veteran financial markets leader with over 30 years of experience, including serving as former MD & CEO of BSE, bringing valuable expertise to the company's governance and strategic oversight.