Meeting Details

  • Meeting Date: Wednesday, June 17, 2026 at 11:00 AM IST
  • Meeting Type: 20th Annual General Meeting
  • Meeting Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM) with no physical attendance required
  • Deemed Venue: Corporate Office, 254-260 Avvai Shanmugam Salai, Royapettah, Chennai - 600 014

Proposed Resolutions and Implications

Ordinary Business:

Agenda Item 1: To discuss, approve and adopt the Audited Balance Sheet as at March 31, 2026, Profit and Loss Account for the year ended, Directors' Report, and Auditors' Report.

Agenda Item 2: To declare dividend on Equity Shares of the Bank.

Special Business:

Agenda Item 3: To approve extension of tenure/re-appointment of Shri Ashutosh Choudhury as Executive Director for three years from May 3, 2026, pursuant to Government of India Gazette Notification No. eF.No.4/1/(iii)/2025-BO.I dated April 23, 2026.

Agenda Item 4: To raise equity capital aggregating up to ₹5,000 crore (including premium) through QIP/FPO/Rights Issue or combination thereof. This capital raising is subject to various regulatory approvals and would maintain government shareholding above 52%.

Voting Process and Methods

Remote E-Voting:

  • Period: June 13, 2026 (9:00 AM IST) to June 16, 2026 (5:00 PM IST)
  • Platform: CDSL e-voting system
  • Cut-off Date: June 10, 2026 (close of business hours) for determining voting eligibility
  • Scrutinizer: M/s S. N. Ananthasubramanian & Co., Company Secretaries

E-Voting During AGM:

  • Shareholders attending via VC/OAVM can vote during the meeting
  • Those who voted remotely cannot vote again during the meeting

Key Voting Information

  • Total Votes: Determined based on shareholding as of June 10, 2026
  • Voting Rights: No shareholder (other than Central Government) can exercise voting rights beyond 10% of total voting rights
  • Result Declaration: Combined results of remote e-voting and meeting voting will be announced on bank's website and to stock exchanges

Shareholder Participation Details

  • Registration for Speaking: Deadline June 12, 2026 (close of business hours)
  • VC/OAVM Access: Available 15 minutes before meeting time on first-come basis for up to 1,000 shareholders
  • Query Submission: Shareholders can submit questions in advance until June 12, 2026

Record Dates and Book Closure

  • Dividend Record Date: June 10, 2026
  • Book Closure: June 11, 2026 to June 17, 2026 (both days inclusive)
  • Dividend Payment Date: July 9, 2026 (if declared)

Compliance Statements

The bank confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
  • Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970
  • Indian Bank (Shares and Meetings) Regulations, 1999
  • MCA circulars regarding e-AGMs

Additional Information

  • The notice includes detailed explanatory statements for all resolutions
  • Dividend income will be subject to TDS as per Income Tax Act, 2025
  • Unpaid/unclaimed dividend for seven years will be transferred to Investor Education and Protection Fund
  • Shareholders are encouraged to dematerialize physical shares for better convenience and security
  • All documents available on bank website: www.indianbank.bank.in