Jammu and Kashmir Bank on Wednesday informed stock exchanges that Dr Pawan Kotwal, IAS, has resigned from the Board of the bank after attaining the age of superannuation.
In a regulatory filing dated January 1, 2026, the bank said Dr Kotwal stepped down from his position as Non-Executive Non-Independent Director with effect from January 1, 2026, following his retirement on December 31, 2025. The resignation was communicated to the bank through a letter dated January 1, 2026.
The filing clarified that Dr Pawan Kotwal has consequently ceased to be a director on the Board of Jammu and Kashmir Bank. The disclosure was made in compliance with Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The bank also provided the requisite details as prescribed under Part A of Schedule III of the Listing Regulations and the SEBI Master Circular dated November 11, 2024. The filing stated that there are no additional disclosures required with respect to inter-se relationships or other listed directorships.
Jammu and Kashmir Bank said the resignation is purely on account of superannuation and placed the information on record for dissemination to investors and stakeholders