Jammu & Kashmir Bank has announced a change in its Board of Directors with the appointment of Mr. Shailendra Kumar, IAS as Government Nominee Director. The appointment comes as part of the Government of Jammu and Kashmir's nomination process for board representation in the bank.

Board Appointment Details

The Government of Jammu and Kashmir, through order no. 73-FD of 2026 dated March 02, 2026, has nominated Mr. Shailendra Kumar, IAS (DIN: 07352828) as Government Nominee Director on the Board of Directors. He replaces Mr. Santosh Dattatraya Vaidya, IAS (DIN: 05340193) in this position.

Profile of New Director

Mr. Shailendra Kumar brings extensive administrative experience to the board. He is a senior Indian Administrative Service officer of the 1995 batch, belonging to the AGMUT cadre. Currently, he serves as Financial Commissioner (Additional Chief Secretary), Finance Department, Government of Jammu and Kashmir.

Born on October 08, 1969, Mr. Kumar holds a Master's degree in History from Patna University. With nearly three decades of distinguished public service, he has demonstrated exemplary leadership, administrative acumen and a deep commitment to public welfare.

Regulatory Compliance

The bank has informed both the National Stock Exchange of India Limited and BSE Limited about this board change in compliance with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key compliance confirmations include:

• No relationships exist between directors inter-se
• Mr. Shailendra Kumar is not debarred from holding the office of Director by any SEBI order or any other authority
• All required disclosures have been made as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

The appointment strengthens the bank's governance structure with the addition of an experienced administrative officer to oversee the institution's strategic direction and regulatory compliance.

Jammu & Kashmir Bank Limited has announced the postponement of its investor engagement activities originally scheduled for March 5-6, 2026 in Mumbai. The bank communicated this development through an official disclosure filed under SEBI regulations on March 2, 2026.

Official Postponement Announcement

Company Secretary Mohammad Shafi Mir signed the official disclosure document dated March 2, 2026, which was submitted to both the National Stock Exchange of India Limited and BSE Limited. The announcement was made in continuation to the bank's earlier intimation dated February 27, 2026, regarding participation in domestic non-deal roadshows.

Rescheduling Details

The bank stated that the revised date and time of the investor meet will be intimated separately in due course. The postponement affects the scheduled meetings with various investors, prospective investors, and analysts that were planned as part of the bank's domestic non-deal roadshows.

Exchange Communication Framework

The official communication was addressed to both major stock exchanges where the bank's shares are listed. For the National Stock Exchange of India Limited, the bank trades under the symbol J&KBANK, while on BSE Limited, it operates under scrip code 532209.

The disclosure maintains the bank's commitment to transparency and regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank assured that appropriate dissemination of the postponement information would be ensured through proper channels.