With reference to the earlier letter dated December 01, 2015, IDBI Bank has now informed that the Board of IDBI Bank has authorized MD & CEO, Deputy Managing Director(s) and Company Secretary, Key Managerial Personnel (KMPs) of the Bank for the purpose of determining materiality of an event or information and for the purpose of making disclosures to the stock exchanges in terms of Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.