Nature of the Event

The document is a regulatory filing submitted to BSE Limited and the National Stock Exchange of India Limited. It provides the proceedings and detailed voting results of the 31st Annual General Meeting (AGM) of DCB Bank Limited, held on July 03, 2026.

Key Quantitative Figures and Dates

  • AGM Date: Friday, July 03, 2026
  • AGM Timing: Commenced at 02:30 P.M. (IST) and concluded at 04:51 P.M. (IST)
  • Cut-off Date for Shareholding: Friday, June 26, 2026
  • Total Shareholders as on cut-off date: 181,319
  • Dividend Declared: ₹1.45 per equity share of face value ₹10/- each for FY 2025-26.
  • Remote e-Voting Period: Commenced on Tuesday, June 30, 2026 at 9:00 A.M. (IST) and ended on Thursday, July 02, 2026 at 5:00 P.M. (IST).

Parties Involved

  • Regulators: SEBI, RBI (mentioned in the context of prior approval for director re-appointment)
  • Company Officials Present: Mr. Pushan Mahapatra (Non-Executive - Part-Time Chairman and Independent Director), Mr. Praveen Kutty (Managing Director & CEO), Mr. Ravi Kumar (Chief Financial Officer), Ms. Rubi Chaturvedi (Company Secretary & Compliance Officer), all other Directors and Key Managerial Personnel.
  • External Parties: Scrutinizer - Ms. Manisha Maheshwari (Partner of M/s Bhandari & Associates, Company Secretaries), Joint Statutory Auditors, Secretarial Auditors.
  • Service Provider: Central Depository Services (India) Limited (CDSL) for e-voting facilities.

Proceedings of the AGM

The AGM was held through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM). The Notice of the AGM dated June 05, 2026, was taken as read. The Chairman delivered a speech on the Bank's performance and the global economy outlook. The Managing Director & CEO addressed the members, followed by a financial performance presentation for FY 2025-26 by the CFO. Members registered as speakers were invited to seek clarifications, which were responded to by the management. The statutory reports were noted to have no qualifications or adverse remarks.

Items of Business & Voting Results

All eight resolutions proposed in the AGM notice were passed with the requisite majority. The detailed combined results of remote e-voting and e-voting at the AGM are as follows:

Ordinary Business

1. Adoption of Audited Financial Statements for FY ended March 31, 2026

  • Result: Passed (Ordinary Resolution)
  • Votes in Favour: 170,104,685 (99.9997% of valid votes cast)
  • Votes Against: 541 (0.0003% of valid votes cast)

2. Declaration of Dividend of ₹1.45 per share

  • Result: Passed (Ordinary Resolution)
  • Votes in Favour: 170,329,607 (99.9996% of valid votes cast)
  • Votes Against: 701 (0.0004% of valid votes cast)

3. Re-appointment of Mr. Nadir Bhalwani (DIN: 00555534) as Director

  • Result: Passed (Ordinary Resolution)
  • Votes in Favour: 169,438,372 (99.4763% of valid votes cast)
  • Votes Against: 891,936 (0.5237% of valid votes cast)

4. Appointment of Joint Statutory Auditors and fixing their fees

  • Result: Passed (Ordinary Resolution)
  • Votes in Favour: 170,287,946 (99.9751% of valid votes cast)
  • Votes Against: 42,362 (0.0249% of valid votes cast)

Special Business

5. Raising funds via private placement of bonds/debentures/securities

  • Result: Passed (Special Resolution)
  • Votes in Favour: 170,328,644 (99.9990% of valid votes cast)
  • Votes Against: 1,664 (0.0010% of valid votes cast)

6. Issue of Equity Shares/Securities via Qualified Institutions Placement (QIP)

  • Result: Passed (Special Resolution)
  • Votes in Favour: 144,654,024 (84.9256% of valid votes cast)
  • Votes Against: 25,676,284 (15.0744% of valid votes cast)

7. Re-appointment of Mr. Krishnan Sridhar Seshadri (DIN: 10508808) as Whole-time Director (Executive Director) for one year w.e.f. June 13, 2026

  • Rationale: Re-appointment is on terms and conditions approved by the Reserve Bank of India (RBI).
  • Result: Passed (Ordinary Resolution)
  • Votes in Favour: 169,342,528 (99.4201% of valid votes cast)
  • Votes Against: 987,780 (0.5799% of valid votes cast)

8. Increase in ESOP grants under DCB Bank Employee Stock Option Plan 2005

  • Result: Passed (Special Resolution)
  • Votes in Favour: 170,069,203 (99.8467% of valid votes cast)
  • Votes Against: 261,105 (0.1533% of valid votes cast)

Disclosure of Voting Details

  • The number of shareholders present through VC/OAVM was 125 (2 from Promoter Group and 123 from Public).
  • The scrutinizer's report confirmed the voting process was fair and transparent. All electronic records were handed over to the Company Secretary for preservation.
  • The voting results and scrutinizer's report have been hosted on the Bank's website (www.dcb.bank.in) and CDSL's website (www.evotingindia.com).