Indian Overseas Bank — Others, 02-07-2025: Shareholders meeting

Indian Overseas Bank has announced a board meeting outcome with all eight resolutions passed at its 25th Annual General Meeting held through virtual mode. Key approvals include the adoption of the financial results for the quarter and half-year, appointment of Ms. Neelam Agrawal as Non-Executive Government Nominee Director, re-nomination of three Part-Time Non-Official Directors, and appointment of M/s Srinidhi Sridharan & Associates as Secretarial Auditor for five years. Shareholders also approved raising up to ₹4,000 crore equity capital through multiple routes and issuance of shares under an Employees Share Purchase Scheme for FY 2025-26. Voting was conducted via remote e-voting and electronic voting during the meeting, reflecting strong shareholder support.