Jammu & Kashmir Bank Share Price in Focus; Appoints 2 New Directors in April 2026

Jammu & Kashmir Bank has announced the appointment of two new directors to its board. This strategic move is aimed at strengthening the bank's leadership and governance framework. 

New Appointments to the Board 

On April 22, 2026, Jammu & Kashmir Bank's Board of Directors approved the appointments of Mr. Ashish Kundra and Mr. Pravin Raghavendra.  

Mr. Kundra joins as an Additional Director in the category of Rotational Directors, while Mr. Raghavendra is appointed as an Additional Director in the category of Independent Directors for a term of 3 years, starting April 23, 2026. 

Profiles of the Appointed Directors 

Mr. Ashish Kundra, an IAS officer from the 1996 batch, is currently serving as the Chief Secretary of the Union Territory of Ladakh.  

He has extensive experience in governance, having held key positions in Delhi and the North-Eastern region, including roles in urban development and election management. Mr. Kundra is also an author, known for his book "Resurgent Northeast — Narratives of Change". 

Mr. Pravin Raghavendra brings over 35 years of experience in banking and finance. He retired as Deputy Managing Director & Chief Operating Officer at the State Bank of India, where he played a pivotal role in digital transformation and business growth.  

His academic credentials include JAIIB, LLB, and a B.Sc. in Mathematics. 

Read More: Aavas Financiers Share Price Gains Over 4%; Appoints Manu Singh as New MD and CEO! 

Regulatory Compliance and Approvals 

The appointments are subject to shareholder approval and comply with the Securities and Exchange Board of India (SEBI) regulations.  

Both directors have confirmed that they are not debarred by any SEBI order or other authority from holding the office of Director. 

Jammu and Kashmir Bank Share Price Performance 

As of April 22, 2026, at 3:30 PM, Jammu and Kashmir Bank share price on NSE was closed at ₹132.82 up by 0.47% from the previous closing price. 

Conclusion 

The appointment of Mr. Ashish Kundra and Mr. Pravin Raghavendra to the board of Jammu & Kashmir Bank marks a significant step in enhancing the bank's leadership team. Their diverse experiences in governance and banking are expected to contribute positively to the bank's strategic direction. 

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