INDIANBNSEIndian Bank· BanksLowNeutral
Announced Sat, 23 May · 02:16 IST

Indian Bank has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 17, 2026

Board & Shareholder Meetings View source PDF

INDIANB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹824.50
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₹839.40
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AI summary

Indian Bank has called its 20th Annual General Meeting on Wednesday, June 17, 2026 at 11:00 AM via Video Conferencing. The meeting covers adoption of FY 2025-26 financial statements, declaration of dividend on equity shares, and re-appointment of MD & CEO Shri Ashutosh Chaudhary. A key agenda item is seeking shareholder approval to raise equity capital up to Rs. 5,000 crore through QIP, FPO, Rights Issue, or a combination. The record date for dividend is June 10, 2026, with book closure from June 11-17, 2026. Remote e-voting will be open from June 13 to June 16, 2026, and dividend payment is scheduled for July 9, 2026.

Likely market impact

The Rs. 5,000 crore capital raise authorization represents a significant dilutive event shareholders should monitor. Dividend declaration indicates management confidence in financial health for FY 2025-26, though the exact dividend amount is not specified in the notice.