Dena Bank has informed that in exercise of the powers conferred by Clause (b) of Sub-section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub clause (1) of clause 3 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, vide notification dated April 16, 2014 had nominated Anna Roy, Director, Department of Financial Services as Government Nominee Director on the Board of Dena Bank. Now, the Central Government, vide notification dated September 09, 2015 has informed that since Anna Roy, Joint Secretary, DFS has been appointed as Government Nominee Director on the Board of Bank of India, therefore, Anna Roy ceases to be Director on the Board of Dena Bank with immediate effect.
The above information is a part of company’s filings submitted to BSE.
