Capital Small Finance Bank Re-appoints Munish Jain as Executive Director
Capital Small Finance Bank Ltd. announced the reappointment of Munish Jain as a Whole Time Director, designated as Executive Director, effective August 28, 2026. Shareholders approved the reappointment via a postal ballot on January 29, 2026, subject to Reserve Bank of India (RBI) approval. The term of appointment is for a period of three years.Mr. Munish Jain, aged 47, holds a Bachelor’s degree in Commerce from Guru Nanak Dev University and is a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and the Institute of Company Secretaries of India (ICSI). He has completed executive programs from the Indian Institute of Management, Ahmedabad, and INSEAD, Fontainebleau, France.
Currently, Mr. Jain serves as the Whole-time Director (designated as Executive Director) of Capital Small Finance Bank Limited, since August 28, 2023, for a period of three years. He has been associated with the bank since 2000 and played a crucial role in its strategic growth and governance. He holds 185,299 equity shares in the bank.
According to filings, Mr. Jain is not debarred from holding the office of Director by virtue of any SEBI Order.
Table: Details of Re-appointment
| Particulars | Details |
|---|---|
| Reason for change | Re-appointment |
| Date of appointment/re-appointment & term | August 28, 2026, subject to RBI approval; 3-year term |
| Shareholding in the Bank | 185,299 Equity Shares |
| Status of SEBI Orders | Not debarred by any SEBI Order or other authority |
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