Meeting Details

  • Date: 05th August 2026
  • Time: Commenced at 11:00 AM, concluded at 02:18 PM
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) facility provided by National Securities Depository Limited (NSDL)
  • Type: Annual General Meeting

Proposed Resolutions and Implications

Five resolutions were proposed for shareholder approval:

Ordinary Businesses:

1. Adoption of Audited Financial Statements for FY ended 31st March 2026 and Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of dividend of ₹2.60 per equity share for FY 2025-26 (Ordinary Resolution)

3. Re-appointment of Shri B Sankar (DIN: 08846754) as Director who retires by rotation (Ordinary Resolution)

4. Re-appointment of M/s. Kalyaniwalla & Mistry LLP, Chartered Accountants, Mumbai (Firm Registration No. 104607W/W100166) together with M/s. Varma & Varma, Chartered Accountants, Kochi (Firm Registration No. 004532S) as Joint Statutory Central Auditors and fixation of their remuneration for third year (Ordinary Resolution)

Special Business:

5. Appointment of Branch Auditors of the Bank and fixation of their remuneration (Ordinary Resolution)

Voting Process

  • Remote e-Voting facility provided by NSDL
  • Remote e-Voting process completed at 05:00 PM on 04th August 2026
  • E-voting at AGM available on NSDL website up to 15 minutes from conclusion of AGM
  • Shri R K Bapulal (FCS No. 5893 CP No. 3842), Senior Partner, M/s Bapulal Yasar & Associates, Company Secretaries, Madurai appointed as Scrutinizer
  • Voting results to be announced within two working days and updated on NSE/BSE and Bank's website

Key Meeting Participants

Directors & Key Managerial Personnel Present:

  • Dr Meena Hemchandra, Independent (Part-time) Chairperson
  • Shri B Ramesh Babu, MD & CEO
  • Dr Harshavardhan R, Independent Director
  • Shri Murali Ramaswami, Independent Director
  • CA Dr Chinnasamy Ganesan, Independent Director
  • Shri R Vidhya Shankar, Independent Director
  • Smt Srimathy Sridhar, Independent Director
  • Shri B Sankar, Executive Director
  • Dr Mythili Vutukuru, Independent Director

Other Participants:

  • Representatives of Statutory Auditors
  • Representatives of Secretarial Auditors
  • Scrutinizer

Business Updates Discussed

  • Bank's performance in FY 2025-26 against global and domestic economic scenario
  • Segment-wise performance and value creation for stakeholders
  • Cybersecurity preparedness and human resources initiatives
  • Risk & compliance culture
  • Environmental, Social & Governance (ESG) practices
  • Strategic initiatives for FY 2026-27 including AI implementation across key functions
  • Introduction of sector-focused lending products for Food Processing and Pharma & Healthcare sectors
  • Relaunch of credit cards with premium portfolio
  • Introduction of fully digital Loan Against Mutual Fund product
  • Investment of ₹29.68 Crore in Sahayya Finserve Private Limited (RBI-registered NBFC) for 16.4% stake to expand retail lending presence

Shareholder Engagement

  • 20 members registered for Q&A session
  • 18 speaker shareholders addressed the meeting through VC/OAVM
  • MD & CEO provided pointwise responses to observations/queries

Compliance Statements

  • Meeting conducted in compliance with Companies Act, 2013, SEBI LODR Regulations, 2015, Secretarial Standards issued by ICSI, and circulars issued by MCA and SEBI
  • All feasible efforts taken to enable member participation through VC/OAVM
  • Notice and Annual Report dispatched electronically to members with registered email addresses
  • For shareholders without email registration, letters with QR code and web-link provided to access documents
  • All relevant documents pertaining to agenda items made available for electronic inspection on NSDL e-Voting platform
  • Auditors' Report and Secretarial Audit Report for year ended 31st March 2026 had no qualifications, reservations, observations, adverse remarks or disclaimer