Canara Bank Announces Completion of Ms. Nalini Padmanabhan's Tenure as Part-time Non-Official Director
Canara Bank has announced the completion of Ms. Nalini Padmanabhan's tenure as Part-time Non-Official Director effective April 10, 2026. She was re-nominated to this position by the Department of Financial Services for a one-year term starting April 11, 2025. The bank has duly informed stock exchanges about this board change in compliance with SEBI regulations.

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Canara Bank has notified stock exchanges regarding the completion of Ms. Nalini Padmanabhan's tenure as Part-time Non-Official Director under Regulation 30 of SEBI (LODR) Regulations, 2015. The notification, dated April 10, 2026, marks the end of her one-year term on the bank's Board of Directors.
Director Tenure Details
Ms. Nalini Padmanabhan was re-nominated as Part-time Non-Official Director by the Department of Financial Services, Ministry of Finance, Government of India through notification No. eF.No. 6/1(i)/2024-BO-I dated April 11, 2025. Her appointment was for a period of one year from the date of notification or until further orders, whichever is earlier.
| Parameter: | Details |
|---|---|
| Director Name: | Ms. Nalini Padmanabhan |
| Date of Birth: | July 20, 1964 |
| Position: | Part-time Non-Official Director |
| Appointment Date: | April 11, 2025 |
| Tenure End Date: | April 10, 2026 |
| Appointing Authority: | Department of Financial Services, Ministry of Finance |
Regulatory Compliance
The bank's notification to BSE Ltd. and National Stock Exchange of India Ltd. fulfills its disclosure obligations under Regulation 30 of SEBI (LODR) Regulations, 2015. Ms. Padmanabhan ceased to be Part-time Non-Official Director on the Board of the Bank with effect from closure of business hours on April 10, 2026.
Official Communication
The notification was signed by Santosh Kumar Barik, Company Secretary of Canara Bank, and communicated to both major stock exchanges where the bank's shares are listed. The bank trades under scrip code 532483 on BSE and CANBK on NSE. This formal communication ensures transparency and keeps stakeholders informed about changes in the bank's board composition as required by regulatory guidelines.
Historical Stock Returns for Canara Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.62% | +10.32% | +0.17% | +11.08% | +58.50% | +371.09% |
Who will the Department of Financial Services appoint as Ms. Padmanabhan's replacement on Canara Bank's board?
How might this board composition change impact Canara Bank's strategic decisions and governance policies?
Will the government maintain the same criteria for selecting Part-time Non-Official Directors at public sector banks?


































