IndusInd Bank Announces Cessation of Tenure for Non-Executive Independent Director
IndusInd Bank Limited has announced that Mrs. Akila Krishnakumar, a Non-Executive Independent Director, will cease her tenure with the bank, effective August 9, 2026. The change in directorship follows the completion of her appointed term.The Board of Directors at IndusInd Bank expressed its appreciation and gratitude for the meaningful contributions provided by Mrs. Akila Krishnakumar during her service to the institution.
The details regarding the cessation of the director are as follows:
| Particulars | Details |
|---|---|
| Reason for Change | Cessation upon completion of tenure |
| Date of Cessation/Tenure End Date | August 9, 2026 |
The bank confirmed the transition of Mrs. Krishnakumar from her role as Non-Executive Independent Director following the conclusion of her fixed term.
INDUSINDBK Stock Price Movement
On Friday, IndusInd Bank Limited edged higher as the stock settled at ₹1022.00, recording a 0.57% gain from the previous close. The security saw intense trading activity, with approximately 1.73 million shares changing hands while maintaining a range between a low of ₹1004.4 and a high of ₹1024.9.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.