BSECompany Update1d ago · 3 Sept 2026, 06:19 pm

Change in Senior Management of the Bank

Karnataka Bank Ltd · 532652

✦ AI SummaryMgmt Change

Karnataka Bank Ltd has announced the promotion of three senior management personnel to the cadre of General Manager, effective September 3, 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Karnataka Bank Ltd - 532652 - Announcement under Regulation 30 (LODR)-Change in Management

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Karnataka Bank Ltd. Your Family Bank. Across India. Regd. & Head Office Phone : 0824-2228222 Post Box No.: 599, Mahaveera Circle E - M a i l : c o m s e c @ k tk . b a n k . i n Kankanady Website : www.karnatakabank.bank.in Mangaluru – 575 002 CIN : L85110KA1924PLC001128 SECRETARIAL DEPARTMENT HO:SEC:143:2026-27 03.09.2026 The Manager The Manager Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza,C-1, Block G Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (E) Dalal Street MUMBAI - 400051 MUMBAI - 400001 NSE Scrip Code: KTKBANK BSE Scrip Code: 532652 Madam / Dear Sir, Reg.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Change in Senior Management of the Bank Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform that the below mentioned Senior Management Personnel of the Bank have been elevated / promoted from Deputy General Manager cadre to the cadre of General Manager with effect from today, i.e., September 03, 2026. Sl. Name of the Senior Management Current Designation New Designation No. Personnel 1 Mr. Basavaraj Desalli Deputy General General Manager Manager 2 Mr. Raghavendra C L Deputy General General Manager Manager 3 Mr. Gopalakrishna Samaga B. Deputy General General Manager Manager Further, in terms of the SEBI Master Circular No.: SEBI/HO/49/14/14(7) 2025-CFD- POD2/I/3762/2026 dated January 30, 2026, the details of Senior Management Personnel are furnished in the Annexure. This is for your kind information and dissemination. Yours faithfully, Sham K Company Secretary & Compliance Officer Annexure Sl. Name Reason for change Date of Term of Brief profile (in case of appointment); Disclosure of No. viz. appointment, appointment appointment relationship resignation, / cessation between removal, death or (as directors (in otherwise; applicable) case of appointment of a director) 1 Mr. Basavaraj Desalli Change in 03.09.2026 Not Applicable Mr. Basavaraj Desalli is a Science graduate Not Designation and Certified Associate of Indian Institute of Applicable Banking and Finance. He has also acquired various certifications from professional institutes. Mr. Basavaraj Desalli joined the Bank as Clerk on 18.12.1995 at Gonibeedu Branch. He worked at various branches and offices of the Bank across India in the cadre from clerical to the Deputy General Manager. He is now promoted as General Manager w.e.f. 03.09.2026. 2 Mr. Raghavendra C L Change in 03.09.2026 Not Applicable Mr. Raghavendra C L is a Science graduate Not Designation and Certified Associate of Indian Institute of Applicable Banking and Finance. He also pursued Certification Programme in IT and Cyber Security for Senior Management, Certified Credit Professional etc. Mr. Raghavendra C L joined the Bank as Clerk on 13.05.1999 at Antharagatte Branch. He worked at various branches and offices of Sl. Name Reason for change Date of Term of Brief profile (in case of appointment); Disclosure of No. viz. appointment, appointment appointment relationship resignation, / cessation between removal, death or (as directors (in otherwise; applicable) case of appointment of a director) the Bank across India in the cadre from clerical to the Deputy General Manager. He is now promoted as General Manager w.e.f. 03.09.2026. 3 Mr. Gopalakrishna Change in 03.09.2026 Not Applicable Mr. Gopalakrishna Samaga B. holds a Not Samaga B. Designation master’s degree in Commerce and is a Applicable Certified Associate of Indian Institute of Banking and Finance. He also pursued PG Diploma in Personnel Management & IR and Certification Programme in IT and Cyber Security for Senior Management. Mr. Gopalakrishna Samaga B. joined the Bank as Typist-Cum-Clerk on 01.07.1994 at Ahmedabad-Mid-Corporate Finance Branch. He worked at various branches and offices of the Bank across India in the cadre from clerical to the Deputy General Manager. He is now promoted as General Manager w.e.f. 03.09.2026.