Karur Vysya Bank: General Manager Shri Shekhar Ramarajan Relieved on June 30, 2026
Shri Shekhar Ramarajan, General Manager & Head - Corporate & Institutional Group at Karur Vysya Bank, has been relieved on June 30, 2026, upon completion of his notice period due to resignation. The bank has submitted the required SEBI disclosures.
The departure of a General Manager, while noted, is a standard occurrence in organizations and is unlikely to have a significant immediate impact on the bank's operations or financials, especially given it's a consequence of resignation.
The announcement is a routine update regarding the departure of a senior management personnel due to resignation, with no immediate positive or negative financial implications mentioned.
Karur Vysya Bank Limited has announced that Shri Shekhar Ramarajan, General Manager & Head of the Corporate & Institutional Group (CIG), has been relieved from his duties at the close of office hours on June 30, 2026. This follows the completion of his notice period after his resignation.
The bank has provided disclosures as required by SEBI Circular HO/49/14/14(7)2025 -CFD-POD2/I/3762/2026, dated January 30, 2026. The reason for the change is stated as resignation, with the date of cessation being June 30, 2026. Information regarding the term of appointment, brief profile, and disclosure of relationships between directors was deemed not applicable.
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Karur Vysya Bank Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Karur Vysya Bank Limited. Read the original for the full detail.