IDBI-Sivasankaran deal raises hope for other defaulting promoters
Firms may be able to take back control of their companies if the debt resolution process fails to find new owners16-05-2021
IDBI-Sivasankaran deal raises hope for other defaulting promoters
Firms may be able to take back control of their companies if the debt resolution process fails to find new ownersDefaulters seek generous bailouts like Siva-IDBI Bank one-time settlement
That deal, approved by 90% of Siva Industries lenders, was signed as there were no other suitable offers; lawyers say it will set a bad precedentSitaram and Sarkar to take charge as CFO and Internal Auditor of IDBI Bank
Changes to take place with effect from June 1IDBI Bank Ltd - 500116 - Notice About Change In Internal Auditor Of The Bank
It is hereby informed that the Board of Directors of the Bank has, at its meeting held on May 15, 2021, approved the appointment of Shri Sunit Sarkar, ED (In-Situ) as Internal Auditor of IDBI Bank with effect from June 01, 2021 in place of Shri M. V. Phadke, ED & Internal Auditor. Shri Sunit Sarkar is a qualified ICWA and has done Post Graduate Diploma in Business Management. He has been associated with IDBI Bank for over 27 years and has handled various portfolios viz. Corporate Finance, Infrastructure finance, Audit, Recovery and Credit Monitoring. You are requested to kindly take the above intimation on record in terms of the provisions of Regulation 30 of SEBI (LODR) Regulation, 2015.IDBI Bank Ltd - 500116 - Notice About Change In CFO, Key Managerial Personnel
It is hereby informed that the Board of Directors of the Bank has, at its meeting held on May 15, 2021, approved the appointment of Shri P. Sitaram, ED as CFO and Key Managerial Personnel of IDBI Bank with effect from June 01, 2021 in place of Shri Ajay Sharma, ED & CFO, as directed by RBI to the Bank to ensure adherence to the minimum qualification criteria for CFO. The Brief Profile of Shri P. Sitaram is as follows: Shri P. Sitaram is a qualified Chartered Accountant and has over 15 years'' experience in handling finance & accounts and taxation matters in IDBI Bank. You are requested to kindly take the above intimation on record in terms of the provisions of Regulation 30 of SEBI (LODR) Regulation, 2015.IDBI Bank Ltd - 500116 - Outcome Of The Board Meeting Held On May 15, 2021
In continuation of our earlier disclosure dated May 11, 2021, it is hereby informed that the Board of Directors of IDBI Bank Ltd. at its meeting held on Saturday, May 15, 2021 has approved the Notice convening the 17th Annual General Meeting of the Bank which includes passing an enabling Special Resolution in terms of Section 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 - Outcome Of The Board Meeting Held On May 15, 2021
In continuation of our earlier disclosure dated May 11, 2021, it is hereby informed that the Board of Directors of IDBI Bank Ltd. at its meeting held on Saturday, May 15, 2021 has approved the Notice convening the 17th Annual General Meeting of the Bank which includes passing an enabling Special Resolution in terms of Section 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 to cap corporate exposure to Rs 500 crore: Here're the details
The bank is also looking to grow its Rs 45,000 crore corporate book by about 10 per cent.IDBI Bank board to consider proposal to raise equity capital on May 15
The board of IDBI Bank will consider the proposal to raise equity capital through various modes in its meeting on May 15IDBI BANK LTD. - 500116 - Board Meeting Intimation for Passing Enabling Resolution At The 17Th AGM Of The Bank
IDBI BANK LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2021 ,inter alia, to consider and approve the proposal for approval of Notice of the 17th 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 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.