Executive Director's tenure extended till superannuation on 28.02.2027
The Central Government has extended the tenure of Shri Shiv Bajrang Singh, Executive Director, beyond his term ending 08.10.2026 till his superannuation on 28.02.2027, or until further orders, whichever is earlier.
By ScoutQuest · · 1 min read
- Executive Director
- Shri Shiv Bajrang Singh
- Current term end date
- 08.10.2026
- Extended tenure end date
- 28.02.2027 (superannuation) or until further orders
- Government notification date
- 23.09.2026
What was announced
The Central Government, using powers under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 read with the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, has extended the tenure of Shri Shiv Bajrang Singh, Executive Director of Indian Bank.
- His currently notified term was ending on 08.10.2026.
- The extension runs till the date of his superannuation, i.e. 28.02.2027, or until further orders, whichever is earlier.
- The government notification is dated 23.09.2026.
Other confirmations
- He is not related to other Directors of the Bank.
- He is not debarred from holding the office of Director by any SEBI order or other authority.
What it means for investors
This is a continuity-related disclosure about a senior management position at the Bank. Executive Directors in public sector banks are appointed and extended by the Central Government, and such notifications are routinely intimated to the exchanges.
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