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 Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, vide notification dated January 15, 2016 has nominated Ashok Kumar Singh, Director, Department of Financial Services as Government Nominee Director on the Board of Dena Bank with immediate effect and until further orders. As per above notification, Ashok Kumar Singh is appointed as Government Nominee Director of the Bank with effect from January 15, 2016.
The above information is a part of company’s filings submitted to BSE.