Top Headlines: Final race for Metro AG; govt's bid for IDBI sale, and more
The Centre is looking to woo top global investors for the sale of its stake in IDBI Bank as a team of senior government officials visits the US this week. Read more in our top headlines
IDBI BANK LTD. - 500116 - Board Meeting Outcome for Board Meeting Held On 26-May-2022 To Consider Passing Enabling Resolution At The 18Th AGM For Issue Of Equity Capital
In continuation of our earlier disclosure dated May 23, 2022, it is hereby informed that the Board of Directors of IDBI Bank Ltd. at its meeting held on Thursday, May 26, 2022 has approved the Notice convening the 18th Annual General Meeting of the Bank which included passing an enabling Special Resolution in terms of Section 42, 62(1)(c) of the Companies Act, 2013 for issue of equity capital through various modes. You are requested to kindly take the above intimation on record in terms of Regulations 30 of the SEBI (LODR) Regulations, 2015. IDBI BANK LTD. - 500116 - Board Meeting Intimation for Enabling Resolution To Be Passed At The 18Th AGM For Issue Of Securities
IDBI BANK LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2022 ,inter alia, to consider and approve Notice of the 18th Annual General Meeting of the Bank which includes the following as one of the items of business for the AGM: (i) To pass enabling Special Resolution in terms of Section 42, 62(1)(c) of the Companies Act, 2013 for issue of equity capital through various modes. Kindly acknowledge receipt and take the above on record. IDBI BANK LTD. - 500116 - Clarification-Changes On The Board Of Directors
In continuation of Bank''s disclosure dated May 19, 2022 on Changes on the Board of Directors, the appointment date of Shri Raj Kumar (DIN: 06627311) as LIC Nominee Director on the Board of IDBI Bank Limited was inadvertently mentioned as May 09, 2022 instead of May 19, 2022. The date of appointment of Shri Raj Kumar to be read as May 19, 2022. You are requested to kindly take the above intimation on record in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015. IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
In continuation of Bank''s disclosure dated March 29, 2022, we hereby inform you that IDBI Bank Limited has entered a Share Purchase Agreement (SPA) with Ageas Insurance International NV (Buyer) on May 19, 2022 to sell IDBI Bank''s entire stake of 20,00,00,000 equity shares in Ageas Federal Life Insurance Company Limited (AFLI) pursuant to exercise of Call Option by Ageas. The transaction would be concluded subject to regulatory approvals. The details, as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is given as Annexure. You are requested to kindly take the above intimation on record in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015. IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Change in Directorate
In continuation of Bank''s disclosure dated May 9, 2022, this is to inform that the Board of Directors have approved the appointment of Shri Raj Kumar (DIN: 06627311), Managing Director of Life Insurance Corporation of India (LIC) as LIC Nominee Director on the Board of IDBI Bank Limited w.e.f. May 09, 2022 and until further orders of LIC, in terms of LIC''s letter dated May 7, 2022 and Section 161(3) of the Companies Act, 2013. Shri Raj Kumar is not related to any other Director on the Board or KMP of IDBI Bank. The Brief Profile of Shri Raj Kumar is annexed herewith. You are requested to kindly take the above intimation on record in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015 IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
In continuation of Bank''s disclosure dated August 27, 2021, we advise that IDBI Bank has sold its entire holding of 6,23,23,800 fully paid-up equity shares constituting 19 .18% of the total equity share capital of Asset Reconstruction Company (India) Ltd. (ARCIL) on May 18, 2022 to Avenue India Resurgence Pte. Ltd. and ceases to be Sponsor Shareholder of ARCIL. You are requested to kindly take the above intimation on record in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015. IDBI BANK LTD. - 500116 - Disclosure Of Related Party Transactions For Period Ended March 31, 2022
In terms of Regulation 23(9) of the Securities and Exchange Board of India (LODR) Regulations, 2015, we attach herewith the disclosure of Related Party Transactions on consolidated basis for the half-year ended March 31, 2022. Kindly acknowledge receipt and take the above on record. IDBI BANK LTD. - 500116 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
In compliance of Regulation 39(3) of Chapter IV of SEBI (LODR) Regulations, 2015, statement of loss of share certificates is enclosed herewith.