Date: June 17, 2026
KMP / Board / Auditor Changes
Reappointments:
- Shri Nitesh Ranjan (DIN: 08101030) as Executive Director for 3 years beyond March 9, 2026
- Shri Ramasubramanian S (DIN: 08747165) as Executive Director until superannuation (June 30, 2027)
- Shri Asheesh Pandey (DIN: 09295107) as Managing Director & CEO for 3 years from September 30, 2025
- Shri Amresh Prasad (DIN: 11522143) as Executive Director for 3 years from November 24, 2025
New Appointment:
- Dr. Debasish Prusty (DIN: 10655471) as Government Nominee Director from May 13, 2026
All appointments are subject to Government of India terms and conditions and SEBI LODR Regulation 17(1C)a requirements.
Dividend Declaration or Non-Declaration
- Proposed dividend of ₹5 per equity share (face value ₹10) for FY 2025-26
- Dividend payment date: July 20, 2026, subject to TDS provisions
- Record date: July 3, 2026
- Unclaimed dividends beyond 30 days will be transferred to Unpaid Dividend Account, and after 7 years to IEPF
Board Meeting Outcomes
AGM to consider and approve:
1. Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026
2. Dividend declaration of ₹5 per share
3. Capital raising up to ₹8,000 crore
4. Director appointments and reappointments
Financial Results (Standalone & Consolidated)
- Paid-up equity share capital: ₹7,633.60 crore as of March 31, 2026
- Government shareholding: 74.76%
- Capital Adequacy Ratios (Basel III) as of March 31, 2026:
- Total Capital Funds: ₹126,825 crore
- CET 1 Capital: ₹105,465 crore
- Tier 1 Capital: ₹114,336 crore
- CRAR: 18.02% (RBI minimum 11.50%)
- CET 1: 14.98% (RBI minimum 8.00%)
- Tier 1: 16.24% (RBI minimum 9.50%)
- Tier 2: 1.77%
- Total Risk Weighted Assets: ₹703,920 crore
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
Capital Raising Plan:
- Seeking approval to raise up to ₹8,000 crore through various instruments
- Breakdown: ₹3,000 crore via equity/preference shares, ₹5,000 crore via debt instruments (Tier 1/Tier 2 bonds)
- Instruments may include QIP, FPO, rights issue, private placement, ESOP, ADR/GDR
- To maintain government shareholding above 51%
- Funds for general business purposes and Basel III compliance
AGM Logistics:
- Virtual meeting via VC/OAVM on July 10, 2026 at 11:00 AM IST
- KFin Technologies providing e-voting services
- Remote e-voting period: July 7, 2026 (9:00 AM) to July 9, 2026 (5:00 PM)
- Cut-off date for voting rights: July 3, 2026
- Book closure: July 4-10, 2026
Compliance Requirements:
- SEBI ICDR Regulations, 2018 compliance for capital raising
- RBI guidelines for capital instruments
- Foreign Exchange Management Act provisions for NRI/FPI investments
- SEBI LODR Regulations for director appointments