CSB Bank Regulatory Clarification to NSE
Nature of Query and Date
CSB Bank received a communication from the National Stock Exchange of India Ltd. (NSE) on September 8, 2026, via letter No. NSE/CM/Surveillance/17522. The query sought clarification under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding a news item appearing on the website 'www.economictimes.com' on September 8, 2026. The news item was captioned "Fairfax plans IIFL Finance exit to fund IDBI Bank bid."
Company's Clarification on Trading Volume and Events
The Bank provided a point-by-point response to the specific queries raised by the Exchange:
- Regarding negotiations/events: The Bank categorically stated that it has no information regarding any negotiations, discussions, or events of the nature referred to in the news item. Consequently, providing a sequence of events was not applicable.
- Regarding awareness of undisclosed information: The Bank explicitly responded "No" to whether it was aware of any information not announced to the Exchanges that could explain any movement in trading.
- Regarding material impact: The Bank stated that since it is not aware of the basis of the news item, it is not in a position to comment on any material impact on the Bank.
The Bank emphasized that it is not involved in any negotiations, discussions, or developments related to the matters reported in the news article.
Reference to Regulatory Compliance
The entire communication is framed as a response to the NSE's request made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Bank concludes its response by assuring the Exchange that it "will continue to promptly notify the exchanges of all events, information, and actions that requires disclosure under the Listing Regulations."
Details of Financial Results Clarification
This document does not discuss or clarify any financial results. The subject is solely a response to a news-based query from the exchange.