Proceedings of 23rd AGM along with the Scrutinizers Report

Canara Bank held its 23rd Annual General Meeting on 26 June 2025 via video conferencing, with 66 shareholders attending out of 17,45,441 total shareholders. All five agenda items were passed with overwhelming majority, including adoption of audited financial statements for FY25 (99.71% in favour) and declaration of a dividend of Rs. 4 per share (200% of face value) for FY24-25, with 13 June 2025 as the record date (99.74% in favour). Shareholders approved the appointment of Shri S K Majumdar as Executive Director (98.74% in favour) and M/s Ragini Chokshi & Co. as Secretarial Auditor for five years from FY26 to FY30 (99.57% in favour). The reappointment of Ms. Nalini Padmanabhan as Part-time Non-Official Director was passed as a Special Resolution (96.23% in favour). A separate agenda item on shareholder director elections was withdrawn because only two nominations were received for two vacant positions. The Chairman highlighted strong FY25 results, digital initiatives including Gen AI, Agentic AI, Digital Rupee app, and ULI integration for digital lending.