BSECompany Update2d ago · 22 Sept 2026, 09:24 pm

Appointment of Senior Management Personnel.

IDFC First Bank Ltd · 539437

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IDFC First Bank Ltd has appointed Mr. Shyamal Malhotra as Senior Management Personnel with effect from September 22, 2026.

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

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IDFC First Bank Ltd - 539437 - Announcement under Regulation 30 (LODR)-Change in Management

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IDFCFIRSTBANK/SD/136/2026-27 September 22, 2026 National Stock Exchange of India Limited BSE Limited Mumbai 400 051 Mumbai 400 001 NSE Symbol: IDFCFIRSTB BSE Scrip Code: 539437 Sub.: Disclosure regarding appointment of Senior Management Personnel under Regulation 30 of the SEBI (LODR) Regulations, 2015, as amended (“Listing Regulations”) Dear Sir, Madam, We hereby inform you that, based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Bank has approved the appointment of Mr. Shyamal Malhotra as Senior Management Personnel of the Bank with effect from September 22, 2026. The details required under Listing Regulations, read with the SEBI Master Circular dated January 30, 2026, are enclosed as Annexure 1. Please take the above on record. For IDFC FIRST Bank Limited Satish Gaikwad General Counsel and Company Secretary Encl.: As above IDFC FIRST Bank Limited Corporate Office: IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051, Maharashtra. Tel: +91 22 7132 5500 Registered Office: KRM Tower, 7th Floor, No. 1, Harrington Road, Chetpet, Chennai 600 031, Tamil Nadu. Tel: +91 44 4571 6477 CIN: L65110TN2014PLC097792 | E-mail: bank.info@idfcfirstbank.com; | Website: www.idfcfirst.bank.in Annexure 1 Sr. No. Particulars Description 1. Rea son for change, viz., Appointment of Mr. Shyamal Malhotra as Senior Management appointment Personnel of the Bank. 2. Dat e of appointment & September 22, 2026 Term of appointment Full-time employment 3. Brie f profile Mr. Shyamal Malhotra is a seasoned business leader with over 25 years (in case of appointment) of experience across corporate banking, business transformation, strategic growth and B2B commerce. He has held leadership positions with Citibank, HSBC and Deutsche Bank. He spent 22 years with Deutsche Bank, where he last served as Managing Director & Co-Head, Corporate Banking, India. In this role, he was responsible for client strategy, business growth, risk management, partnerships and transformation initiatives. Most recently, he was associated with JSW, where he led the development of a scalable customer-centric B2B e-commerce platform for its manufacturing business. 4. Dis closure of relationships between Not Applicable directors (in case of appointment of a director) IDFC FIRST Bank Limited Corporate Office: IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051, Maharashtra. Tel: +91 22 7132 5500 Registered Office: KRM Tower, 7th Floor, No. 1, Harrington Road, Chetpet, Chennai 600 031, Tamil Nadu. Tel: +91 44 4571 6477 CIN: L65110TN2014PLC097792 | E-mail: bank.info@idfcfirstbank.com; | Website: www.idfcfirst.bank.in