Outcome of AGM containing Proceedings, Voting Results and Scrutinizer's Report.
BANDHANBNK · price
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Bandhan Bank held its 11th AGM on August 21, 2025, via video conferencing, where all 8 resolutions were approved with the required majority. Key items included adoption of FY25 audited financial statements, declaration of dividend for FY ended March 31, 2025, re-appointment of Mr. Ratan Kumar Kesh as Director, appointment of M/s. V. Singhi & Associates as Joint Statutory Auditors, and appointment of Ms. Veni Thapar as Independent Director. Voting was conducted via remote e-voting (Aug 17-20) and e-voting during the AGM, with CS Hansraj Jaria acting as Scrutinizer. The Bank had 797,153 shareholders on record date (August 14, 2025). All resolutions received over 96% support, with the lowest approval (96.06%) for the appointment of Joint Statutory Auditors and the re-appointment of Mr. Kesh (96.59%).
Routine procedural filing confirming shareholder approval of routine AGM business including dividend, accounts, and director appointments. No material governance changes or surprises; the strong vote in favor of the dividend signals shareholder support. Notable dissent (around 3-4%) on director re-appointment and auditor appointment, while not material, may reflect institutional investor concerns on remuneration or governance.