In terms of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and in continuation of letter No. ISC/33/2023-24 dated 29.04.2023, Indian Bank has informed that the Board of Directors of the Bank in its meeting scheduled to be held on Monday, the 08th May 2023 will also consider a proposal for raising of Fund/ Equity Capital by the Bank through QIP/FPO/Rights issue and/or in combination thereof.
The above information is a part of company’s filings submitted to BSE.