In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, IDBI Bank has forwarded a copy of the Postal Ballot Notice dated April 04, 2025 together with the explanatory statement being issued to the Members of the Bank for approval of the Special businesses mentioned in the Notice by means of electronic voting (remote e-voting) in compliance with the relevant circulars issued by the Ministry of Corporate Affairs (‘MCA’) and the Securities & Exchange Board of India (‘SEBI’) in this regard. The Postal Ballot Notice is being sent to all the members whose names appear in the Register of Members/Register of Beneficial Owners maintained by the Depositories, National Securities Depository (‘NSDL’) and Central Depository Services (India) (‘CDSL’) and Kfin Technologies (‘Kfintech’) and who have registered their email addresses with NSDL, CDSL and/or Kfintech as on April 4, 2025 (the cut-off date). The remote e-voting on the resolutions set out in the Postal Ballot Notice shall commence on Wednesday, April 9, 2025 at 9:00 am IST and end on Thursday, May 8, 2025 at 5.00 pm IST. The result of the Postal Ballot shall be declared within two working days from conclusion of the remote voting i.e on or before May 10, 2025.
