IDBI Bank Limited has informed the Exchange about Copy of Newspaper Publication
IDBI · price
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IDBI Bank has published a newspaper advertisement (in Financial Express and Loksatta) on June 26, 2025, informing shareholders about its 21st Annual General Meeting to be held on Tuesday, July 22, 2025 at 11:00 a.m. through video conferencing. The Bank has proposed a dividend of Rs. 2.10 per equity share (face value Rs. 10 each) for FY 2024-25, subject to shareholder approval at the AGM. The record date for both dividend entitlement and e-voting cutoff is July 15, 2025. Remote e-voting will be open from July 17, 2025 (9:00 a.m.) to July 21, 2025 (5:00 p.m.) via NSDL. The Register of Members and Share Transfer Books will remain closed from July 16 to July 22, 2025.
Shareholders on record as of July 15, 2025 are eligible for the Rs. 2.10 per share dividend and can vote on AGM resolutions. No share transfers will be processed between July 16-22, 2025 due to book closure, and investors holding physical shares without updated KYC (PAN, nomination, bank details) risk delays in receiving dividend payments.