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IDBI Bank informs about outcome of board meeting

29 Apr 2016 Evaluate

IDBI Bank has informed that the Board of Directors of the Company at its meeting held on April 29, 2016, has approved the proposal for convening 12th AGM of the Bank on July 22, 2016 for obtaining shareholders approval for passing enabling special resolution under Section 62(1)(c) of the Companies Act, 2013 for equity issue by way of QIP and/or FPO and/or Rights Issue and/or Preferential Issue and/or any other mode as well as for obtaining shareholders approval for passing enabling special resolution under Section 42 of the Companies Act, 2013 for issue of Senior / Infrastructure Bonds, Basel III compliant Tier II / Additional Tier 1 Bonds by way of private placement /public issue.

The above information is a part of company’s filings submitted to BSE.

IDBI Bank Share Price

73.69 -0.87 (-1.17%)
23-Apr-2026 16:59 View Price Chart
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