Jammu & Kashmir Bank issued an addendum to the notice of its 88th Annual General Meeting, scheduled for September 22, 2026. The bank added two agenda items regarding board composition changes.

The meeting will be held at the Sher-i-Kashmir International Conference Centre in Srinagar. Shareholders will vote on the appointment of a new director and the non-reappointment of an outgoing member.

Board Composition Changes

The addendum introduces two key resolutions for shareholder approval:

• Appointment of New Director: The bank proposes appointing Mr. Tsewang Tharchin, IA&AS, as a Non-Executive Non-Independent Director liable to retire by rotation. He currently serves as Commissioner and Secretary of the Finance Department in the Union Territory of Ladakh.
• Retirement of Outgoing Director: Mr. R. K. Chhibber retires by rotation. The bank has not proposed his reappointment, and the resulting vacancy will not be filled at this meeting.

Mr. Tharchin was appointed as an Additional Director on August 31, 2026, following due diligence by the Nomination and Remuneration Committee. As a full-time government employee, he will not receive sitting fees or remuneration from the bank.

Profile of Incoming Director

Mr. Tharchin brings extensive experience in audit, finance, and administration. Key details include:

He previously served as Accountant General (Audit) in Jammu and Kashmir and held roles at the National Company Law Tribunal and the Comptroller and Auditor General of India. His international experience includes audits for the United Nations and the World Intellectual Property Organization.

Voting Process

Members can exercise their voting rights through remote e-voting. The voting period begins on September 19, 2026, at 9:00 am and ends on September 21, 2026, at 5:00 pm. The facility is provided by Bigshare Services Private Limited.

The bank stated that no other modifications were made to the original AGM notice dated August 29, 2026. All other agenda items remain unchanged.

Jammu & Kashmir Bank appointed Tsewang Tharchin as an Additional Director in the category of Rotational Directors on August 31, 2026. The appointment requires shareholder approval.

The Board of Directors approved the move during its meeting held on Monday, August 31, 2026. The session commenced at 11:45 am and concluded at 5:45 pm.

Director Profile

Tsewang Tharchin (DIN: 11907418) is a 2007 batch officer of the Indian Audit and Accounts Service. He joined the Ladakh Administration as Commissioner Secretary of the Finance Department on July 6, 2026.

Prior to this role, he served as Accountant General (Audit) for Jammu and Kashmir from November 6, 2025. His earlier postings include Dy Accountant General in J&K and Sr Dy Accountant General roles involving state government accounts compilation.

Tharchin also worked as a Financial Advisor at the National Company Law Tribunal in New Delhi from 2021 to 2024 and later as Principal Director at the Comptroller and Auditor General of India office. He led audits for several Indian missions abroad, including in Saudi Arabia and Iraq.

Regulatory Disclosure

The bank made the disclosure pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

There are no inter-se relationships between directors disclosed for this appointment. Tharchin is not debarred from holding office by any SEBI order or other authority.