Dena Bank has informed that in exercise of the powers conferred by sub-section (3)(h) and (3-A) 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 December 05, 2013 had nominated A. Subramanya as part time non-official Director on the Board of the Bank, for a period of three years with effect from the date of notification of his appointment or until further orders, whichever is earlier. As per above notification, the term of A. Subramanya, ceases as a Director on the Board of the Bank with effect from December 05, 2016.
The above information is a part of company’s filings submitted to BSE.
