NSEResignation20 Aug 2026 · 20 Aug 2026, 06:57 pm

Resignation

The Jammu & Kashmir Bank Limited · J&KBANK

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The Jammu & Kashmir Bank Limited has informed the Exchange regarding Resignation of Mr. Ashish Kundra IAS as Non-Executive Non-Independent Director of the Bank w.e.f. August 20, 2026.

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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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The Jammu & Kashmir Bank Limited has informed the Exchange regarding Resignation of Mr. Ashish Kundra IAS as Non- Executive Non-Independent Director of the Bank w.e.f. August 20, 2026.

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TUFAIL_20082026185438_Resignation.pdf

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Jammu and Kashmir Bank Limited Corporate Headquarters T +91 (0)194 248 3775 W www.jkb.bank.in M A Road, Srinagar 190001 F +91 (0)194 248 1928 E board.sectt@jkbmail.com Kashmir, India CIN: L65110JK1938SGC000048 Board Secretariat Ref:-JKB/BS/F3652/2026/104 Date: 20th August, 2026 National Stock Exchange of India Limited The BSE Limited Exchange Plaza 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1 G-Block Dalal Street Bandra Kurla Complex Mumbai – 400 001 Bandra (E) Mumbai – 400 051 Scrip Code: 532209 Symbol: J&KBANK SUB:- RESIGNATION OF MR. ASHISH KUNDRA, IAS (DIN: 06966214) AS NON EXECUTIVE NON INDEPENDENT DIRECTOR OF THE BANK Dear Sirs, Pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), please be informed that Mr. Ashish Kundra, IAS (DIN: 06966214), Non-Executive Non-Independent Director of the Bank, due to his official engagements, has tendered his resignation from the position of Non-Executive Non- Independent Director of the Bank with effect from August 20, 2026. The resignation has been communicated by him vide letter dated August 20, 2026 (Copy enclosed). Consequently, Mr. Ashish Kundra, IAS, has ceased to be a Director of the Bank. The requisite details, as prescribed under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith. This is for your information and appropriate dissemination. Thanking you Yours faithfully For Jammu and Kashmir Bank Limited (Mohammad Shafi Mir) Company Secretary Jammu and Kashmir Bank Limited Corporate Headquarters T +91 (0)194 248 3775 W www.jkb.bank.in M A Road, Srinagar 190001 F +91 (0)194 248 1928 E board.sectt@jkbmail.com Kashmir, India CIN: L65110JK1938SGC000048 Board Secretariat Details as required under the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are given below: Name of Director Mr. Ashish Kundra, IAS (DIN: 06966214) Resignation of Mr. Ashish Kundra, IAS (DIN: 06966214) as Non Executive Non Independent Director of Reasons for change the Bank on August 20, 2026 due to his official engagements Date of cessation August 20, 2026 Brief Profile Disclosure of relationship between Directors inter-se Names of listed entities in which the resigning independent director holds directorships, indicating the category of directorship and membership of board committees, if any.