J&K Bank's 3 directors resign citing personal reasons

Jammu & Kashmir Bank today said three of its directors of the board have resigned from their positions citing personal reasons.
Srinagar-headquartered state-run bank in a regulatory filing said that "three directors have tendered their resignations from the Directorships of the Bank due to personal reasons with effect from June 29, 2016".
The three directors are Dalip Kumar Kaul, Khaver Alam Jeelani and Vikrant Kuthiala.
Thus, the J&K Bank said the Board of Directors in their meeting held today took on record the changes in composition of the Board of Directors of the Bank.
As on record (June 29, 2016), the bank said there are seven directors on its Board.

Of these, one is the Chairman and Chief Executive Officer Mushtaq Ahmad.
Among others are three independent directors -- Azhar-ul-Amin, Masooda Jabeen and Rakesh Kumar Gupta. One RBI nominee-JP Sharma and two non-executive directors- Abdul Majid Mir and Navin Kumar Choudhary.
J&K Bank stock closed 2.05 per cent higher at Rs 69.65 on BSE.