DCB Bank Limited has announced the appointment of Mr. Suhail Nathani as Additional and Non-Executive Independent Director, effective February 18, 2026. The appointment was approved by the Board of Directors on February 17, 2026, following the recommendation of the Nomination and Remuneration Committee.

Appointment Details

The key parameters of Mr. Nathani's appointment are outlined below:

The bank will seek shareholder approval for the appointment within the prescribed time period, as per the applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations.

Professional Background

Mr. Suhail Nathani brings extensive professional experience to DCB Bank's board. He is the Co-Founder and Managing Partner of Economic Laws Practice (ELP), with over three decades of international experience in M&A, Competition, Trade, Regulatory and International Law. His professional expertise includes:

• Advising regulatory authorities, multinational corporations, and leading Indian businesses on complex commercial and cross-border matters
• Representing India at the WTO
• Serving as counsel to the Competition Commission of India (CCI) and the Securities and Exchange Board of India (SEBI)

Educational Qualifications and Governance Experience

Mr. Nathani holds advanced legal qualifications including an M.A. in Law from Cambridge University and an LL.M from Duke University. He is admitted to practice in India and New York. His governance experience spans across listed companies in diverse sectors, where he serves as an Independent Director.

Current Directorships and Social Commitments

Mr. Nathani currently holds directorships in several organizations:

Corporate Directorships:

• Piramal Finance Limited
• East Pipes Integrated Company for Industry (Saudi Arabia)

Not-for-Profit Organizations:

• Aga Khan Agency for Habitat India (Chairman)
• Somaiya Vidyavihar University
• Maulana Azad Education Trust
• Salaam Bombay Foundation
• Progressive Electoral Trust (an electoral trust established by Tata Sons)

Regulatory Compliance

The bank confirmed that Mr. Nathani is not debarred from holding office of director by virtue of any SEBI order or any other such authority. Additionally, he is not related to any existing Director of the bank, ensuring independence in his role.

DCB Bank Limited has announced the appointment of Mr. Shaffiq Mansurali Dharamshi as Additional and Non-Executive Director, effective February 18, 2026. The appointment was approved by the Board of Directors at their meeting held on February 17, 2026, following recommendation from the Nomination and Remuneration Committee.

Appointment Details

The key details of Mr. Dharamshi's appointment are outlined below:

The bank has confirmed that Mr. Dharamshi is not debarred from holding office of director by virtue of any SEBI order or any other authority, and he is not related to any existing Director of the Bank.

Professional Background

Mr. Dharamshi brings extensive banking expertise to DCB Bank's board. He holds an MSc. in Economics/Information Systems from the London School of Economics and has over twenty years of senior management experience in the Middle East and Africa. Currently, he serves as Head of Banking for Aga Khan Fund for Economic Development (AKFED), where he provides oversight on operations of financial institutions in the AKFED portfolio across Asia and Africa.

His current board positions include:

• Diamond Trust Bank (DTB) Kenya
• DTB Uganda
• Habib Bank Limited - Pakistan
• Kyrgyz Investment and Credit Bank - Kyrgyzstan
• Investment and Credit Bank - Tajikistan

Previous Experience

Mr. Dharamshi previously served as a Non-Executive Director of DCB Bank from January 13, 2015 till January 12, 2023. His career includes a role as Senior Vice President, Wholesale Credit Risk Management at Mashreq Bank in Dubai. Prior to Mashreq Bank, he spent seventeen years with Citibank in various positions across different areas of the bank in Africa and the Middle East.

Regulatory Compliance

The appointment has been made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. DCB Bank will seek approval of shareholders for this appointment within the prescribed time period, as per applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations.

The announcement was communicated to BSE Limited and National Stock Exchange of India Limited on February 17, 2026, by Company Secretary and Compliance Officer Rubi Chaturvedi.