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Indian Bank EGM Clears Key Ordinary Resolution, Confirms Uncontested Shareholder Director

Story Highlights
  • Indian Bank conducted its 9 January 2026 EGM via video conferencing, complying with regulatory guidelines and ensuring broad participation.
  • Shareholders approved a key ordinary resolution and confirmed Bhupinder Singh Bhalla as uncontested shareholder director, fulfilling SEBI requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Indian Bank EGM Clears Key Ordinary Resolution, Confirms Uncontested Shareholder Director

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An announcement from Indian Bank ( (IN:INDIANB) ) is now available.

Indian Bank held its Extraordinary General Meeting (EGM) on 9 January 2026 via video conferencing and other audio-visual means, in line with guidelines from the Ministry of Corporate Affairs, SEBI, and the Government of India, with senior management, shareholder directors, a government representative, and other directors in attendance. The bank reported that an ordinary resolution under Agenda Item 2 was passed by an overwhelming majority through remote e-voting and e-voting during the meeting, while the election of a shareholder director under Agenda Item 1 was deemed completed without contest as the sole nominee, Bhupinder Singh Bhalla, was declared elected, thereby satisfying the requirements of Regulation 17(1C) of SEBI’s Listing Obligations and Disclosure Requirements; the proceedings and scrutinizer’s report have been submitted to the stock exchanges for investor information and record.

More about Indian Bank

Indian Bank is a publicly listed Indian commercial bank headquartered in Chennai, operating in the banking and financial services industry. It offers a broad suite of retail and corporate banking products and services to shareholders and customers across India, with its equity listed on both the National Stock Exchange of India and BSE Limited under the symbols INDIANB and 532814, respectively.

Average Trading Volume: 58,579

Technical Sentiment Signal: Buy

Current Market Cap: 1164.2B INR

See more data about INDIANB stock on TipRanks’ Stock Analysis page.

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