DCB Bank Limited's Board of Directors has approved the reappointment of Mr. Krishnan Sridhar Seshadri as Whole Time Director (Executive Director) during a meeting held on February 17, 2026. The decision follows a recommendation from the bank's Nomination and Remuneration Committee and marks a significant leadership continuity move for the financial institution.

Reappointment Details

The board has approved Mr. Seshadri's reappointment for a period of one year, with his new term set to commence on June 13, 2026 and conclude on June 12, 2027. The reappointment is contingent upon receiving necessary regulatory approvals and shareholder consent.

Regulatory and Compliance Framework

The reappointment is subject to multiple approval stages as per regulatory requirements. The bank has confirmed that terms and remuneration will be finalized based on Reserve Bank of India (RBI) approval. Additionally, the appointment requires subsequent approval from the bank's shareholders. DCB Bank has indicated that further disclosures will be made following receipt of communication and approval from the RBI.

The bank has confirmed that Mr. Seshadri is not debarred from holding the office of director by virtue of any SEBI order or other regulatory authority. He is also not related to any other Director or Key Managerial Personnel of the bank, ensuring compliance with corporate governance norms.

Professional Background and Experience

Mr. Krishnan Sridhar Seshadri brings extensive banking expertise to his continued role with DCB Bank. He has served as the bank's Chief Risk Officer since May 2017 and possesses over 40 years of comprehensive banking experience. His career spans various aspects of branch banking operations, including branch management roles involving loan origination and management of advances.

Educational Qualifications

Mr. Seshadri holds strong academic and professional credentials in the banking sector. He possesses a Master's degree in Commerce (M.Com.) and is a Certified Associate of the Indian Institute of Bankers (CAIIB). His educational background and professional certifications align with the technical expertise required for senior banking positions.

Prior to joining DCB Bank as Financial Controller in 2009, Mr. Seshadri had a distinguished career with ICICI Bank, where he worked from almost its inception. His earlier career included positions with Syndicate Bank and State Bank of India, providing him with diverse experience across different banking institutions and operational frameworks.

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.