Meeting Details
The 26th Annual General Meeting was held on Tuesday, July 7, 2026 at 11:00 a.m. IST through Video Conferencing/Other Audio-Visual Means with the deemed venue at Central Office, 763 Anna Salai, Chennai 600 002.
Attendance
- Total shareholders attending through virtual mode: 107
- Proxies attending: Not applicable (N.A.)
Leadership Present
- Chairman: Shri Srinivasan Sridhar, Non-Executive Chairman
- Government Representative: Shri Jnanatosh Roy, Under Secretary, Department of Financial Services, Ministry of Finance, Government of India
- MD & CEO: Shri Ajay Kumar Srivastava
- Company Secretary: Shri Raghuram Mallela, Deputy General Manager & Company Secretary
Notice and Documentation
The AGM notice dated May 21, 2026 was circulated via email on June 11, 2026 and published in Financial Express (English), Dinamani (Tamil), and Jansatta (Hindi) on June 13, 2026. The Integrated Annual Report for FY2025-26 was also circulated.
Resolutions Passed
All four resolutions were passed with requisite majority:
1. Ordinary Business - Financial Statements Approval
- Approval and adoption of Audited Standalone and Consolidated Balance Sheet as of March 31, 2026
- Approval of Standalone and Consolidated Profit and Loss account and Cash Flow Statement for year ended March 31, 2026
- Approval of Board of Directors' Report and Auditors' Report
2. Special Resolution - Capital Raising
- Approval to raise equity share capital up to ₹5,000 crores (including share premium, if any)
- To be raised in one or more tranches through various methods: Follow-on Public Offer, Rights Issue, Qualified Institutional Placements, ESPS, preferential issue to LIC/other insurance companies/Mutual Funds/QIBs, or any combination thereof
3. Special Resolution - Loss Appropriation
- Approval to appropriate accumulated losses as on March 31, 2026 from Share Premium account
4. Ordinary Resolution - Management Tenure Extension
- Approval for extension of tenure of Shri Ajay Kumar Srivastava, Managing Director & Chief Executive Officer
- Extension beyond his expired term (ended December 31, 2025) from January 1, 2026 until October 8, 2027
Voting Process
- E-voting agency: Central Depository Services (India) Limited (CDSL)
- Remote e-voting period: July 3, 2026 (9:00 a.m.) to July 6, 2026 (5:00 p.m.)
- Scrutinizer: Mr. R Sridharan of M/s. R Sridharan & Associates, Company Secretaries
- Shareholders participated in discussion and raised queries during the meeting
- MD & CEO responded to shareholder queries on business performance and agenda items
Result Disclosure
Consolidated results of remote e-voting and e-voting at the virtual meeting will be:
- Uploaded on Bank's website and CDSL website
- Disclosed to stock exchanges within two working days
Meeting Duration
The AGM commenced at 11:00 a.m. and concluded at 12:50 p.m.