General Announcement::Appointment of external law firms

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 24-Mar-2026 09:04:39
Status: New
Announcement Sub Title: Appointment of external law firms
Announcement Reference: SG260324OTHR9Y8X
Submitted By (Co./ Ind. Name): Dhanjit Thaivallpail
Designation: Vice President
Effective Date and Time of the event: 23/03/2026 12:30:00
Description (Please provide a detailed description of the event in the box below): This is in furtherance to the intimation made by the Bank on March 18, 2026 in relation to the resignation of Mr. Atanu Chakraborty as the Part-time Chairman and Independent Director of the Bank.

We wish to inform you that, Mr. Chakraborty did not mention any happenings and practices which were not in congruence with his personal values and ethics.

To reinforce the robust governance standards of the Bank, the Board of Directors of the Bank at its meeting held on March 23, 2026, took a proactive step and approved the appointment of external law firms (domestic and international), to conduct review regarding Mr. Chakraborty s resignation letter. The said law firms have been advised to provide their report on the same within a reasonable period of time.

The above is for your information and appropriate dissemination.

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