Board approved a comprehensive capital raising plan totaling ₹6000 crore via equity issuance and Tier II bonds.
Plan includes ₹5000 crore equity raise via FPO/Rights/QIP and ₹1000 crore in Basel III compliant Tier II bonds.
Bank will also offer 10 crore shares to employees under IOB-ESPS 2026-27 scheme within the equity limit.
Board approved appropriation of accumulated losses from share premium account and set AGM for July 7, 2026.