Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable (Board Meeting Outcomes)

Nature of Filing / Announcement: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Outcome of Board Meeting

Date of Board Meeting / Approval: June 24, 2026 (Meeting convened from 11:00 hours to 12:30 hours)

Audit Opinion: Not Specified

Auditor’s Comment: Not Specified

Key Financial Highlights:

Standalone Results: Not Specified

Consolidated Results: Not Specified

Corporate Actions:

Capital Raising:

  • The Board approved enabling resolutions to seek member approval for raising capital through two routes:

(a) Non-Convertible Debt Securities: Issuance of Rated, Listed, Unsecured, Subordinated, Redeemable, Non-Convertible Debentures/Bonds/other debt securities on a private placement basis for an aggregate amount not exceeding ₹500 Crores (Rupees Five hundred crores only).

(b) Qualified Institutions Placement (QIP): Issuance of equity shares or other eligible securities convertible into equity shares including warrants for an aggregate amount not exceeding ₹1,250 Crores (Rupees One Thousand Two Hundred and Fifty crores only) by way of QIP and/or through any other permissible mode, in one or more tranches.

  • The total potential capital raise is ₹1,750 Crores.
  • These resolutions are subject to approval of Members at the ensuing Tenth Annual General Meeting and other regulatory/statutory approvals.

Dividend: Not Specified

Other Significant Information:

Annual General Meeting:

  • The Tenth Annual General Meeting of the Bank will be held on September 09, 2026 at 11:00 A.M Indian Standard Time through Video Conferencing/Other Audio Visual Means.
  • The notice of AGM along with annual report for FY ended March 31, 2026 will be issued in due course.

Compliance Declarations:

  • Mr. Vasudevan P N and Mrs. Geeta Dutta Goel are not debarred from holding the office of Director by virtue of any SEBI order or any other regulatory/statutory authority.
  • None of the appointed individuals are related to any of the Directors of the Bank.