ESAF Small Finance Bank board committees have been reconstituted following a circular resolution passed by the bank’s board of directors on August 21, 2026, the lender said in a BSE filing. The revised composition of five board-level committees will take effect from September 1, 2026.

The disclosure was submitted under Regulation 30 read with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. ESAF Small Finance Bank is identified by BSE scrip code 544020 and NSE symbol ESAFSFB.

Audit, nomination and risk panels

The Audit Committee of the Board will be chaired by Ashok Tukaram Dhamankar. Its other members are Kolasseril Chandramohanan Ranjani, Ajay Sharma and Hari Velloor.

The Nomination, Remuneration and Compensation Committee will have Biju Varkkey as chairperson, alongside members Karthikeyan Manickam, Kolasseril Chandramohanan Ranjani and Hari Velloor.

Ajay Sharma will chair the Risk Management Committee of the Board. The committee will also include Karthikeyan Manickam, Managing Director and CEO Kadambelil Paul Thomas, Ashok Tukaram Dhamankar and Hari Velloor.

The filing listed the reconstituted committees and their members as follows:

  • Audit Committee: Four members, chaired by Ashok Tukaram Dhamankar.
  • Nomination, Remuneration and Compensation Committee: Four members, chaired by Biju Varkkey.
  • Risk Management Committee: Five members, chaired by Ajay Sharma.
  • Stakeholders Relationship Committee: Four members, chaired by George Ittan Maramkandathil.
  • Corporate Social Responsibility and Sustainability Committee: Four members, chaired by Karthikeyan Manickam.

Stakeholder and CSR committee composition

The Stakeholders Relationship Committee will comprise George Ittan Maramkandathil as chairperson, with Kolasseril Chandramohanan Ranjani, Kadambelil Paul Thomas and Ashok Tukaram Dhamankar as members.

Karthikeyan Manickam will chair the Corporate Social Responsibility and Sustainability Committee. Kadambelil Paul Thomas, George Ittan Maramkandathil and Ashok Tukaram Dhamankar will serve as its other members.

The filing categorised Karthikeyan Manickam as part-time chairman and non-executive independent director, while Kadambelil Paul Thomas was identified as managing director and CEO. It classified several other committee participants as either non-executive independent directors or non-executive directors.

ESAF Small Finance Bank recorded the event at 1:10 pm on August 21, 2026. The bank informed both BSE Limited and the National Stock Exchange of India and said the disclosure would also be available on its investor-relations website.

Source: BSE corporate announcement.