CSB Bank has appointed Anish Thurthi as an Additional Director in the category of Non-Executive Non-Independent, effective September 25, 2026.

The appointment was approved by the Board of Directors pursuant to the recommendation of the Nomination & Remuneration Committee (NRC). Thurthi is nominated by FIH Mauritius Investments Ltd, the promoter of the bank, and is liable to retire by rotation. The bank will seek shareholder approval for this appointment within the prescribed time period under Section 161 of the Companies Act, 2013.

Professional Background

Thurthi is a Chartered Accountant with over 20 years of experience in investment management, Mergers & Acquisitions (M&A), and financial advisory. He holds a Bachelor of Commerce degree from Bangalore University. Currently, he serves as a Director at Fairbridge Capital Private Limited, an investment advisory firm managing investments for Fairfax Financial Holdings Limited and Fairfax India Holdings Corporation. In this role, he is involved in sourcing and executing new investments.

Prior to his current role, Thurthi was a Partner in the Deal Advisory practice at KPMG India for over 13 years. During his tenure, he advised on more than 200 corporate M&A transactions and private equity investments across sectors including infrastructure, consumer goods, and industrials. His expertise includes financial due diligence, structuring, buyouts, and merger integrations.

Board Committee Reconstitution

The Board also approved the reconstitution of several committees effective September 26, 2026. Thurthi has been inducted as a member of the Nomination and Remuneration Committee and the Corporate Social Responsibility & ESG Committee.

Nomination and Remuneration Committee

Risk Management Committee

Corporate Social Responsibility & ESG Committee

Directorships and Compliance

Thurthi is not related to any other director of the bank and is not debarred from holding office by any regulatory authority. His directorship portfolio includes:

• Bluspring Enterprises Ltd
• Digitide Solutions Ltd
• Quess Corp Limited
• National Commodities Management Services Limited
• Anchorage Infrastructure Investments Holdings Limited
• Maxop Engineering Company Private Limited

CSB Bank has announced the closure of its trading window for designated persons and connected persons starting October 1, 2026. This restriction remains in effect until the end of two clear trading days following the declaration of the bank's unaudited financial results for the quarter and half year ending September 30, 2026.

Regulatory compliance and timeline

The closure is implemented pursuant to the bank's Code of Conduct for Prohibition of Insider Trading, which aligns with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The measure aims to prevent insider trading during the sensitive period leading up to the release of quarterly performance data.

The trading window will remain closed for:

• Designated persons as defined under the Code of Conduct
• Immediate relatives of designated persons
• Connected persons associated with the bank

The exact date of the Board Meeting to consider and approve these results has not yet been finalized. The bank stated that this date will be intimated to the exchanges in due course.

Procedural details

The intimation was filed with BSE Limited and National Stock Exchange of India Ltd on September 22, 2026. The notice confirms that the restriction applies specifically to dealing in equity shares of the bank during the specified period. Once the results are declared, the trading window will reopen after two clear trading days, allowing eligible participants to resume transactions in accordance with regulatory norms.