In terms of Regulation 29(1)(d) of the SEBI (LODR) Regulations, 2015, IDBI Bank has informed that the Board Meeting of the Bank to be held on Thursday, September 19, 2019 will consider Preferential Issue of Capital to Govt. of India and LIC. It is further informed that in connection with the above, Postal Ballot is also proposed to be conducted for obtaining shareholders approval in this regard.
The above information is a part of company’s filings submitted to BSE.