RBL Bank Limited has issued a comprehensive postal ballot notice dated January 11, 2026, seeking shareholder approval for two significant director appointments through remote electronic voting. The bank has initiated this process in compliance with regulatory requirements and corporate governance norms.

Key Director Appointments Under Consideration

The postal ballot encompasses two critical resolutions that will shape the bank's leadership structure. Both appointments have received necessary regulatory clearances and represent strategic decisions by the board.

Re-appointment of Mr. Chandan Sinha

The first resolution proposes the re-appointment of Mr. Chandan Sinha (DIN: 06921244) as Non-Executive Independent Director. Currently serving as Part-Time Chairman since August 3, 2024, Mr. Sinha's initial five-year term expires on May 20, 2026.

Mr. Sinha brings extensive banking expertise, having served as Executive Director at the Reserve Bank of India. His educational qualifications include M.Sc. (Physics) and M.B.A (Finance), complemented by professional certifications including CAIIB.

Appointment of Mr. Jaideep Iyer as Executive Director

The second resolution seeks approval for appointing Mr. Jaideep Iyer (DIN: 06384037) as Executive Director, replacing Mr. Rajeev Ahuja whose term concludes on February 20, 2026.

Mr. Iyer currently oversees Finance, Strategy, Investor Relations, and Credit Cards divisions at RBL Bank. His 25-year banking career includes nine years as Group President and Deputy CFO at Yes Bank, with expertise spanning investment banking, treasury, and corporate banking.

Remuneration Structure for Executive Director

The proposed remuneration package for Mr. Jaideep Iyer reflects market standards and regulatory compliance requirements.

Additionally, Mr. Iyer will be eligible for variable pay up to 300% of fixed pay, subject to board approval and RBI guidelines, determined according to the bank's compensation policy.

E-Voting Process and Timeline

The bank has implemented a comprehensive remote e-voting system to facilitate shareholder participation, with specific timelines and procedures established for the process.

Shareholders can access the voting platform through multiple channels, including CDSL's evotingindia.com portal, depository participant websites, and direct demat account access. The bank has appointed Central Depository Services (India) Limited (CDSL) to provide the remote e-voting facility.

Regulatory Compliance and Governance

Both appointments align with regulatory requirements under the Companies Act, 2013, Banking Regulation Act, 1949, and SEBI Listing Regulations. The Reserve Bank of India has granted necessary approvals for both appointments, with specific terms and conditions outlined in the regulatory clearances.

The postal ballot notice emphasizes compliance with corporate governance standards, including fit and proper assessments, independence criteria verification, and adherence to tenure limitations for banking sector directors. The bank has ensured all procedural requirements are met, including proper notice periods and documentation standards.

Shareholders are encouraged to participate in the voting process to approve these strategic appointments that will guide RBL Bank's future direction and operational excellence.

RBL Bank Limited has announced a Board of Directors meeting scheduled for January 17, 2026, to review and approve its quarterly financial performance. The meeting will focus on the unaudited financial results for the quarter and nine months ended December 31, 2025.

Board Meeting Details

The bank has formally notified both major stock exchanges about the upcoming board meeting in compliance with regulatory requirements. The meeting agenda includes consideration and approval of both standalone and consolidated financial results, which will be subject to limited review by the Joint Statutory Auditors.

Trading Window Restrictions

In accordance with insider trading regulations, RBL Bank has implemented trading window restrictions for its securities. The trading window closure was initially communicated on December 23, 2025, and will continue until the financial results are made public.

Regulatory Compliance

The bank has ensured full compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The notification has been sent to both BSE Limited and National Stock Exchange of India Limited, with the bank trading under scrip code 540065 on BSE and symbol RBLBANK on NSE.

Additionally, in compliance with Regulation 46(2) of SEBI Listing Regulations, the information has been made available on the bank's official website at www.rbl.bank.in for public access and transparency.

Corporate Communication

The formal intimation was signed by Niti Arya, Company Secretary of RBL Bank Limited, and digitally authenticated on January 12, 2026. The bank maintains its controlling office at One World Center, Tower 2B, Lower Parel, Mumbai, while its registered office remains in Kolhapur, Maharashtra.