Pursuant to provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indbank Merchant Banking Services Limited informed that Shri Arun Kumar Bansal, Nominee Director of the Company, has resigned with effect from the closure of office hours of June 07, 2022, consequent to his resignation from Indian Bank, Holding Company. The current composition of Board is as under: Shri Imran Antin Siddiqui - Additional Director; Shri GR Sundaravadivel - Independent Non-Executive Director- Smt Chitra Murali - Independent Non-Executive Director; Shri Vaiiinath Gavarshettv Independent Non-Executive Director; Shri Satish Kumar Kalra - Additional Director; Shri V Haribabu - President and Whole Time Director.