Karnataka Bank Ltd

Karnataka Bank Director Resigns Citing Lack of Shareholder Support 📉

• Dr. D.S. Ravindran resigned as Non-Executive Independent Director effective March 6, 2026

• Resignation was tendered via email/letter on March 6, 2026

• Cited lack of shareholder support for renomination as the reason

• Ceased membership in four board committees: IT Strategy (Chairman), Audit, Stakeholders and Customer Relations, and Corporate Social Responsibility

• No other material reasons disclosed beyond those in resignation letter