Attempt to remove Dhanlaxmi independent director may've led to abrupt exit
In his letter addressed to the board, the largest shareholder, B Ravindran Pillai, proposed "removal of Mr Sridhar Kalyanasundaram from the board of directors", said two people aware of the development at the bank. Pillai proposed a special resolution at the annual general meeting scheduled on September 30 to remove Kalyanasundaram.
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