Meeting Details

  • Type of Meeting: Postal Ballot (Remote E-voting only)
  • Last Date of E-voting: Sunday, June 14, 2026
  • Date of Declaration of Results: Monday, June 15, 2026
  • Record Date / Cut-off Date for Voting: Friday, May 08, 2026
  • E-voting Period: The remote e-voting was open from Saturday, May 16, 2026, at 9:00 AM to Sunday, June 14, 2026, at 5:00 PM.

Summary of Proposed Resolutions

Two resolutions were proposed for shareholder approval via the postal ballot:

1. Ordinary Resolution: To approve the remuneration payable to Sri. Jose Joseph Kattoor (DIN: 09213852), the existing Independent Director, as Non-Executive Part-time Chairman of the Bank and to approve his terms and conditions of appointment.

2. Special Resolution: To appoint Sri. Thomson Thomas (DIN: 06948598) as an Independent Director of the Bank.

The promoters and promoter group were not interested in either resolution.

Voting Process

  • Mode of Voting: Remote E-voting only. There was no physical polling or postal ballot form submission.
  • Service Provider: Central Depository Services (India) Limited (CDSL) provided the e-voting platform.
  • Scrutinizer: CS Vincent P.O. (Membership No. FCS - 3067), Managing Partner of SVJS & Associates, Company Secretaries, was appointed by the Board of Directors on May 06, 2026, to scrutinize the entire e-voting process.

Key Voting Outcomes

General Shareholding Information

  • Total Number of Shareholders on Record Date: 1,210,829
  • Promoters and Promoter Group Shareholders: Nil
  • Public Shareholders: 1,210,829
  • Total Number of Outstanding Shares: 2,617,591,890

Resolution 1: Ordinary Resolution (Jose Joseph Kattoor)

  • Total Votes Polled: 888,377,452
  • Percentage of Votes Polled on Outstanding Shares: 33.9387%
  • Total Votes in Favour: 888,018,429
  • Total Votes Against: 359,023
  • Percentage of Votes in Favour (on votes polled): 99.9596%
  • Percentage of Votes Against (on votes polled): 0.0404%
  • Result: Passed
Category-wise Breakdown for Resolution 1:
  • Public Institutions:
  • Shares Held: 970,451,881
  • Votes Polled: 858,850,104 (88.5000% of shares held)
  • Votes in Favour: 858,850,104 (100.0000%)
  • Votes Against: 0 (0.0000%)
  • Public - Non Institutions:
  • Shares Held: 1,647,140,009
  • Votes Polled: 29,527,348 (1.7926% of shares held)
  • Votes in Favour: 29,168,325 (98.7841%)
  • Votes Against: 359,023 (1.2159%)

Resolution 2: Special Resolution (Thomson Thomas)

  • Total Votes Polled: 888,378,804
  • Percentage of Votes Polled on Outstanding Shares: 33.9388%
  • Total Votes in Favour: 886,314,020
  • Total Votes Against: 2,064,784
  • Percentage of Votes in Favour (on votes polled): 99.7676%
  • Percentage of Votes Against (on votes polled): 0.2324%
  • Result: Passed
Category-wise Breakdown for Resolution 2:
  • Public Institutions:
  • Shares Held: 970,451,881
  • Votes Polled: 858,850,104 (88.5000% of shares held)
  • Votes in Favour: 857,209,244 (99.8089%)
  • Votes Against: 1,640,860 (0.1911%)
  • Public - Non Institutions:
  • Shares Held: 1,647,140,009
  • Votes Polled: 29,528,700 (1.7927% of shares held)
  • Votes in Favour: 29,104,776 (98.5644%)
  • Votes Against: 423,924 (1.4356%)

Invalid Votes

There were zero invalid votes across all shareholder categories (Promoter, Public Institutions, Public-Non Institutions) for both resolutions.

Scrutinizer's Report

  • Scrutinizer: CS Vincent P.O. of SVJS & Associates.
  • Role: To ensure the remote e-voting process was conducted fairly and transparently and to report the results based on the report generated from the CDSL e-voting system.
  • Findings: The scrutinizer confirmed that the e-voting process complied with the relevant provisions of the Companies Act, 2013, and SEBI LODR Regulations. The votes were unblocked on June 14, 2026, at 5:05 PM.
  • Conclusion: Both resolutions were duly passed by the requisite majority of shareholders. Resolution 1 was passed as an Ordinary Resolution and Resolution 2 was passed as a Special Resolution.
  • Custody of Records: The electronic voting data and records were handed over to the Company Secretary of the Bank for safe preservation.

Compliance Confirmation

The disclosure confirms compliance with Section 108 and 110 of the Companies Act, 2013, the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been hosted on the bank's website (www.southindianbank.bank.in).