said on thursday part time President G Subramonia Iyer Resigned on personal grounds. “G Subramonia Iyer, part-time chairman and independent director of the bank, has submitted his resignation from the board of directors of the bank vide his letter dated December 2, 2021,” the bank said in a regulatory filing.
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His resignation is to be effective from December 31, 2021.
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“G Subramonia Iyer has informed that he was tendering his resignation due to some urgent and emergency situation. the household And for personal reasons and there were no other material reasons for his resignation.”
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Shares of Dhanlaxmi Bank closed at Rs 14.14 on Thursday BSE, down 0.42 percent from the previous close.