RBL Bank Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 26, 2025
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RBL Bank held its 82nd AGM on September 26, 2025, via video conferencing, chaired by Part-time Chairman Mr. Chandan Sinha, with 84 members attending. Members approved ordinary resolutions including adoption of audited standalone and consolidated financial statements for FY2024-25, declaration of a dividend of ₹1 per equity share (face value ₹10), re-appointment of Mr. Gopal Jain as a director, and appointment of M/s. Singhi & Co. as Joint Statutory Auditors and M/s. S. N. Ananthasubramanian & Co. as Secretarial Auditor. Two special resolutions were also passed: approval to issue debt securities on a private placement basis, and approval to raise funds through a Qualified Institutions Placement (QIP) of equity shares. The Auditors' Report and Secretarial Audit Report had no adverse observations or qualifications. Voting results are to be submitted to stock exchanges within two working days.
Shareholders received a modest ₹1 per share dividend (10% on face value). Approvals for QIP and private placement of debt securities signal that the bank may look to raise fresh capital soon, which could lead to equity dilution or higher debt — investors should watch for the upcoming QIP pricing and size announcement.