Disclosure under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date of Meeting: Wednesday, 05th August 2026
  • Time: 11.00 A.M. IST
  • Location: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Type of Meeting: 107th Annual General Meeting
  • Total Shareholders on Record Date: 2,87,210 (cut-off date: 29th July 2026)
  • Shareholders Attendance: 147 shareholders attended through video conferencing (20 from Promoters/Promoter Group, 127 from Public)

Proposed Resolutions and Outcomes

All four ordinary resolutions were approved with requisite majority:

Resolution 1: To receive, consider and adopt the Audited Financial Statements of the Bank for the Financial Year ended 31st March 2026 and Reports of the Board of Directors and Auditors thereon.

  • Total Votes Cast: 597,783,502 shares
  • In Favor: 596,078,659 shares (99.7148%)
  • Against: 1,704,843 shares (0.2852%)
  • Promoter Voting: 18,812,827 shares voted (94.2103% of promoter holdings), 100% in favor
  • Institutional Voting: 537,360,013 shares voted (93.2166% of institutional holdings), 100% in favor
  • Non-Institutional Voting: 46,655,997 shares voted (12.6002% of non-institutional holdings), 99.9911% in favor

Resolution 2: Declaring dividend of ₹2.60 per equity share for the Financial Year 2025-26.

  • Total Votes Cast: 602,905,800 shares
  • In Favor: 602,901,648 shares (99.9993%)
  • Against: 4,152 shares (0.0007%)
  • Promoter Voting: 18,812,827 shares voted (94.2103% of promoter holdings), 100% in favor
  • Institutional Voting: 537,360,013 shares voted (93.2166% of institutional holdings), 100% in favor
  • Non-Institutional Voting: 46,732,960 shares voted (12.6210% of non-institutional holdings), 99.9911% in favor

Resolution 3: To re-appoint Shri B Sankar (DIN: 08846754) as a Director.

  • Total Votes Cast: 602,594,594 shares
  • In Favor: 601,814,955 shares (99.8706%)
  • Against: 779,639 shares (0.1294%)
  • Promoter Voting: 18,812,827 shares voted (94.2103% of promoter holdings), 100% in favor
  • Institutional Voting: 537,048,807 shares voted (93.1626% of institutional holdings), 99.8585% in favor
  • Non-Institutional Voting: 46,732,960 shares voted (12.6210% of non-institutional holdings), 99.9577% in favor
  • Remarks: Except Shri B Sankar and his relatives, none of the other Directors or Key Managerial Personnel or their relatives were concerned or interested in this resolution.

Resolution 4: To re-appoint M/s. Kalyaniwalla & Mistry LLP (Firm Registration No. 104607W/W100166) together with M/s. Varma & Varma (Firm Registration No. 004532S) as Joint Statutory Central Auditors.

  • Total Votes Cast: 602,101,766 shares
  • In Favor: 602,093,681 shares (99.9987%)
  • Against: 8,085 shares (0.0013%)
  • Promoter Voting: 18,812,827 shares voted (94.2103% of promoter holdings), 100% in favor
  • Institutional Voting: 537,048,807 shares voted (93.1626% of institutional holdings), 100% in favor
  • Non-Institutional Voting: 46,240,132 shares voted (12.4879% of non-institutional holdings), 99.9825% in favor

Voting Process and Methods

  • Voting Methods: Exclusive e-voting through NSDL platform (no physical polling or postal ballots)
  • Remote e-Voting Period: Prior to the meeting through NSDL platform
  • e-Voting at AGM: Facility provided for members present at AGM through VC who did not participate in remote e-voting
  • Scrutinizer: R K Bapulal (FCS: 5893; CP:3842), Senior Partner of M/s. Bapulal Yasar & Associates, Practising Company Secretaries
  • Vote Unblocking: Conducted on 05th August 2026 at 02.33 PM, witnessed by Mr. R. Mohammed Yasar and Mr. P. Balamurugan
  • Results Availability: Displayed on Bank's website (www.kvb.bank.in) and NSDL e-Voting website (www.evoting.nsdl.com)

Compliance and Regulatory References

  • Conducted in accordance with General Circular No.03/2025 dated September 22, 2025 read with General Circulars No. 14/2020, 17/2020, 20/2020, 02/2021, 19/2021, 21/2021, 02/2022, 10/2022, 09/2023 and 09/2024 issued by Ministry of Corporate Affairs
  • Compliance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Signatories and Roles

  • Company Secretary & Compliance Officer: Srinivasarao Maddirala
  • Scrutinizer: R K Bapulal, Practising Company Secretary (Membership No. FCS: 5893; CP: 3842), Senior Partner of Bapulal Yasar & Associates

Additional Information

  • The Bank's CIN: L65110TN1916PLC001295
  • Registered and Central Office: No. 20, Erode Road, Vadivel Nagar, L.N.S., Karur-639002
  • Scrutinizer's firm details: M/s. Bapulal Yasar & Associates, New No. 4/1501 (Old No.4/670), 1st Floor, Senthilnathan Street, Tahsildar Nagar, Madurai-625020
  • No invalid votes were recorded in any of the resolutions