Meeting Details

The 26th Annual General Meeting was held on July 7, 2026 (Tuesday) at 11:00 AM IST through Video Conferencing/Other Audio-Visual Means at Chennai. The cut-off date for determining shareholders entitled to vote was June 30, 2026.

Voting Process

Remote e-voting was conducted by Central Depository Services (India) Limited (CDSL) between Friday, July 3, 2026 (9:00 AM IST) to Monday, July 6, 2026 (5:00 PM IST). Electronic voting was also available during the AGM for shareholders who hadn't voted remotely.

Resolution Results

Item No. 1: Adoption of Financial Statements

Ordinary Resolution - To discuss, approve and adopt the Audited Standalone and Consolidated Balance Sheet as of March 31, 2026, Profit and Loss account, Cash Flow Statement, Board of Directors Report, and Auditors' Report.

Voting Results:

  • Votes in favor: 18,667,555,162 shares (99.9905%)
  • Votes against: 1,776,773 shares (0.0095%)
  • Invalid votes: Nil
  • Result: PASSED with requisite majority

Item No. 2: Equity Capital Raise

Special Resolution - To raise equity share capital up to ₹5,000 crores (including share premium, if any) in one or more tranches during Financial Year 2026-27 through:

  • Follow-on Public Offer
  • Rights Issue
  • Qualified Institutional Placements
  • ESPS
  • Issue of shares on preferential basis to LIC and other insurance companies, Mutual Funds, QIBs
  • Any other mode or combination thereof

Voting Results:

  • Votes in favor: 18,667,542,701 shares (99.9904%)
  • Votes against: 1,788,063 shares (0.0096%)
  • Invalid votes: Nil
  • Result: PASSED with requisite majority (more than three times votes in favor)

Item No. 3: Appropriation of Losses

Special Resolution - Appropriation of accumulated losses as on March 31, 2026 from Share Premium account.

Voting Results:

  • Votes in favor: 18,669,255,942 shares (99.9996%)
  • Votes against: 68,993 shares (0.0004%)
  • Invalid votes: Nil
  • Result: PASSED with requisite majority (more than three times votes in favor)

Item No. 4: Extension of MD & CEO Tenure

Ordinary Resolution - Extension of tenure of Shri Ajay Kumar Srivastava, Managing Director & Chief Executive Officer, as Whole-time Director of the Bank beyond his currently notified term which expired on December 31, 2025, from January 1, 2026 till October 8, 2027.

Voting Results:

  • Votes in favor: 18,663,579,314 shares (99.9692%)
  • Votes against: 5,752,611 shares (0.0308%)
  • Invalid votes: Nil
  • Result: PASSED with requisite majority

Shareholder Category-wise Voting Breakdown

Total Outstanding Shares: 19,256,589,795

Promoter and Promoter Group:

  • Shares held: 17,800,488,299
  • Voting participation: 100% across all resolutions
  • Unanimous support (100% in favor) for all resolutions

Public Institutions:

  • Shares held: 917,384,275
  • Voting participation: 94.62%
  • High approval rates (99.8% for financial statements, 99.8% for capital raise, 100% for loss appropriation, 99.35% for MD extension)

Public Non-Institutions:

  • Shares held: 538,717,221
  • Voting participation: 0.15%
  • Varied approval rates (91.4% for financial statements, 89.98% for capital raise, 91.32% for loss appropriation, 85.05% for MD extension)

Scrutinizer Details

R. Sridharan & Associates, Company Secretaries, were appointed as scrutinizers. The voting process was witnessed by Mr. K Satheesh and Mr. R Aakash, who are not employees of the Bank.