Copy of Notice of 20th Annual General Meeting (AGM) of the Bank scheduled to be held on Wednesday, the 17th June 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indian Bank has announced its 20th AGM to be held on 17th June 2026 at 11:00 AM via video conferencing. The meeting will seek shareholder approval for four items: adoption of FY 2025-26 financial statements, declaration of dividend on equity shares, re-appointment of Executive Director Mr. Ashutosh Chaudhary for three years from 03.05.2026, and raising of equity capital up to Rs. 5,000 crore through QIP/FPO/Rights Issue or combination. The record date for dividend is 10th June 2026 with book closure from 11th to 17th June 2026. Remote e-voting will be available from 13th June to 16th June 2026. Dividend payment is scheduled for 9th July 2026. The government holding will be maintained at a minimum of 52% as per regulatory requirements.
Shareholders can expect dividend approval and potential dilution from the Rs. 5,000 crore capital raise. The Executive Director reappointment provides continuity in leadership. The capital raise, if executed, could be moderately negative for existing shareholders due to potential dilution.