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IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Change in Directorate

In continuation of Bank''s letter dated June 9, 2020, this is to inform that the Board of Directors has approved the appointment of Shri Anshuman Sharma, Director, Govt. of India, Ministry of Finance, Department of Financial Services, as Govt. Nominee Director on the Board of IDBI Bank Limited w.e.f. June 11, 2020 and until further orders of Govt. of India, in terms of Govt. of India''s communication dated June 08, 2020 and Section 161(3) of the Companies Act, 2013. The Brief Profile of Shri Anshuman Sharma has been attached herewith. You are requested to kindly take the above intimation on record in terms of the provisions of Regulation 30 of SEBI (LODR) Regulation, 2015.
11-06-2020
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IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Change in Directorate

This is to advise that, vide communication dated June 08, 2020, Central Government has nominated Shri Anshuman Sharma, Director, Government of India, Ministry of Finance, Department of Financial Services on the Board of IDBI Bank Ltd., vice Shri Sudhir Shyam with immediate effect and until further orders. Shri Sudhir Shyam has, hence, ceased to be Government Nominee Director w.e.f. the aforesaid date of Govt. of India''s communication. The appointment of Shri Anshuman Sharma on the Board as Government Nominee Director is being separately processed under Section 161(3) of the Companies Act, 2013. You are requested to kindly take the above intimation on record in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015.
09-06-2020
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IDBI BANK LTD. - 500116 - Compliances-Reg.24(A)-Annual Secretarial Compliance

In terms of Regulation 24A of the Securities and Exchange Board of India (LODR) Regulations, 2015, read with Circular No. CIR/CFD/CMD1/27/2019 dated February 08, 2019, we forward herewith a copy of the Annual Secretarial Compliance Report furnished by S. N. Ananthasubramanian & Co., Company Secretaries for the year ended March 31, 2020. Kindly acknowledge receipt and take the above on record.
08-06-2020
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IDBI Bank nears 52-week high; zooms 99% in 6 days on Rs 135 cr profit in Q4

The stock of the private sector lender was trading close to its 52-week high of Rs 40.90 touched on November 25, 2019
08-06-2020
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IDBI BANK LTD. - 500116 - Clarification On Movement In Price

BSE has sought clarification from IDBI Bank on June 04, 2020 with reference to recent movement in its share price. In this regard, we submit as follows : IDBI Bank had filed its Audited quarterly and annual financial results for March 31, 2020 with Stock Exchanges on May 30, 2020. The major highlight of the financial result was that the Bank earned a Profit After Tax (PAT) of Rs.135 crore for Q4 of 2020 after incurring losses for the past 13 quarters and other positive features of Bank''s performance. A press release giving highlights of financial results and Bank''s performance was also filed with Stock Exchanges on May 30, 2020. Further presentation made by IDBI Bank to Analyst / Investors was also filed by the Bank on May 30, 2020. It is understood that the movement in share price of IDBI Bank is the outcome of the aforesaid positive features of the financial results filed with the Stock Exchanges. We hope the above clarifies the position.
04-06-2020
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IDBI BANK LTD. - 500116 - Clarification sought from IDBI Bank Ltd

The Exchange has sought clarification from IDBI Bank Ltd on June 4, 2020, with reference to Movement in Price.The reply is awaited.
04-06-2020
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IDBI BANK LTD. - 500116 - Disclosure For Statement Of Deviation(S) Or Variation(S) Under Regulation 32(1) Of SEBI (LODR) Regulations, 2015

The Bank had issued Basel III Compliant Tier II Bonds on February 04, 2020. There was no deviation in utilisation of funds raised and the statement in this regard, as per the prescribed format is attached. Kindly acknowledge the receipt and take the above on record in terms of Regulation 32(1) of the SEBI (LODR) Regulations, 2015.
01-06-2020
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IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

In continuation of Bank''s letter(s) dated May 28 & 30, 2020, we advise that a conference call was held with Shareholders/Investors/Analysts for Financial Results for Q4 for FY 2019-20 at 4.30 p.m. on June 01, 2020. You are requested to kindly take the above intimation on record in terms of the aforesaid provisions of SEBI (LODR) Regulations, 2015
01-06-2020
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IDBI Bank shares rally 20 per cent on robust March quarter earnings

IDBI Bank shares on Monday zoomed 20 per cent to its highest trading permissible limit for the day after the company posted a profit of Rs 135 crore
01-06-2020
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