Board Appoints Anish Thurthi as Additional Director (Non-Executive, Non-Independent) and Reconstitutes Committees

CSB Bank's Board has appointed Mr. Anish Thurthi as an Additional Director (Non-Executive, Non-Independent), nominated by promoter FIH Mauritius Investments Ltd, effective September 25, 2026, liable to retire by rotation.

Fri 25 Sep 2026

Appointee

Mr. Anish Thurthi as Additional Director (Non-Executive, Non-Independent)

Effective Date

September 25, 2026

Nominating Party

FIH Mauritius Investments Ltd (promoter)

Appointee Experience

Chartered Accountant with over 20+ years in investment management and M&A

Committee Reconstitution Date

September 26, 2026

What was decided

CSB Bank's Board met on September 25, 2026 and approved two items.

• Appointment of Mr. Anish Thurthi as an Additional Director, in the category of Non-Executive Non-Independent, with effect from September 25, 2026, liable to retire by rotation. He has been nominated by FIH Mauritius Investments Ltd, the promoter of the Bank.
• Reconstitution of Committees of the Board with effect from September 26, 2026.

About the appointee

He is a Chartered Accountant with over 20+ years of experience in investment management, Mergers & Acquisitions and financial advisory, and holds a Bachelor of Commerce degree from Bangalore University. He is currently a Director at Fairbridge Capital Private Limited, an investment advisory firm managing investments for Fairfax Financial Holdings Limited and Fairfax India Holdings Corporation. Earlier he was a Partner in KPMG India's Deal Advisory practice for over 13 years, advising more than 200 corporate M&A transactions and private equity investments.

He is not related to any other director of the Bank and is not debarred from holding the office of Director by any SEBI or other order. His other directorships include Bluspring Enterprises Ltd, Digitide Solutions Ltd, Quess Corp Limited, National Commodities Management Services Limited, Anchorage Infrastructure Investments Holdings Limited and Maxop Engineering Company Private Limited.

Committee changes

• Nomination and Remuneration Committee: Mr. Sudhin Choksey appointed Chairperson; Mr. Anish Thurthi newly inducted as member, alongside Ms. Renu Kohli and Mr. D N Narasimha Raju.
• Risk Management Committee: Mr. D N Narasimha Raju appointed Chairperson, with seven members including MD & CEO Mr. Pralay Mondal.
• Corporate Social Responsibility & ESG Committee: chaired by Mr. Pralay Mondal, with Mr. Anish Thurthi and Mr. Biswamohan Mahapatra newly inducted.

Next step

The Bank will seek members' approval for the appointment within the prescribed time period under section 161 of the Companies Act, 2013 read with the SEBI Listing Regulations.

The Board meeting commenced at 10.30 a.m. IST and concluded at 01.50 p.m. IST. This is a governance and board-composition update; it carries no direct financial figures for the Bank's operations.

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