Corporate Announcements

Intimation

Appointment of Sri. V.J. Kurian as Additional Director of the Bank

Mr. V.J. Kurian, residing at Vattavayalil House, Pappali Lane, Vazhakkala, Kakkanadu (W) P.O., Ernakulam 682030 has been appointed as Independent Director of the Bank w.e.f. July 11, 2018 for a period of five years .

Brief profile of the Director

Letter of Appointment to Sri. V J Kurian

Retirement of Sri. Mohan E. Alapatt, Director

Sri. Mohan E. Alapatt (DIN: 00025594), Non-executive Independent Director of the Bank is demitted the office of Directorship on 28th February 2018 upon completion of his 8 year term, as per Section 10A(2A) of Banking Regulation Act 1949.

Re-appointment of Sri. V.G. Mathew as Managing Director & CEO of the Bank

Approval has been received from Reserve Bank of India for the reappointment of Sri. V.G. Mathew as Managing Director & CEO of the Bank for another period of 3 (three) years, w.e.f. October 01, 2017 in terms of Clause 35B of Banking Regulation Act, 1949.

Cessation of term of Sri. Cheryan Varkey

Sri. Cheryan Varkey (DIN: 0684551), Non-executive Director of the Bank ceased to a member of the Board at the 89th AGM held on 11-07-2017. Sri. Cheryan Varkey who retires by rotation at the 89th AGM under Section 152 of the Companies Act, 2013 did not offer himself for re-appointment .
 

89th Annual General Meeting

The 89th Annual General Meeting of the Shareholders of the Bank is scheduled to be held on Tuesday, July 11, 2017 at 10 a.m. at Casino Cultural Auditorium Ltd., T.B. Road, Thrissur.

Record date for dividend

For the purpose of declaration of dividend, if any, for the year 2016-17, the Bank has decided to close its Register of Members and Share Transfer Books Wednesday the 5th  day of July, 2017, to Tuesday the 11th day of July, 2017(both days inclusive). Dividend on equity shares as recommended by the Board for the year ended March 31, 2017, if declared at the meeting, will be paid on and from Monday, July 17, 2017 to Friday, July 21 2017:
 

1. In respect of shares held dematerialized mode, to all beneficial owners as per the details furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) at the close of business hours on Friday, July 4, 2017, and
    
2. to those members holding shares in physical form, whose names appear in the Bank’s Register of Members at the close of business hours on Tuesday, July 11,2017 after giving effect to all valid transfers in physical form lodged with the Bank and/or its Share Transfer Agents on or before Tuesday, July 4, 2017.
    

Appointment of Sri. Achal Kumar Gupta as Additional Independent Director of the Bank

Sri. Achal Kumar Gupta residing at 814, Asian Games Village Complex, New Delhi-110049 has been appointed as additional Independent Director of the Bank w.e.f. 11th January, 2017. He shall hold office up to the date of the next Annual General Meeting of the Bank or the last date, on which the annual general meeting should have been held, whichever is earlier.

Brief profile of the Director

Change of Non- Executive Part- time Chairman of the Bank

• Sri. Salim Gangadharan (Currently Independent Director) assumed charge as Non- Executive/Part- time Chairman of the bank for a period of 3 years w.e.f November 02, 2016 as approved by Reserve Bank of India in terms of Section 10B(1A) (i) of the Banking Regulation Act, 1949.
• Sri.Amitabha Guha, Non- Executive Part- time Chairman demitted office of the Chairman of the Bank w.e.f. November 01, 2016 (after closure of business hours) on expiry of his current tenure approved by Reserve Bank of India.

   

88th Annual General Meeting

The 88th Annual General Meeting of the Shareholders of the Bank is scheduled to be held on Friday the 8th day of July 2016, at 10.00 A.M at Casino Cultural Auditorium Ltd., T.B. Road, Thrissur.
 
Record date for dividend
 
For the purpose of declaration of dividend, if any, for the year 2015-16, the Bank has decided to close its Register of Members and Share Transfer Books from Saturday the 2nd day of July, 2016, to Friday the 8th day of July, 2016, (both days inclusive). Dividend on equity shares as recommended by the Board for the year ended March 31, 2016, if declared at the meeting, will be paid on and from Wednesday, July 13, 2016 :
1. In respect of shares held dematerialized mode, to all beneficial owners as per the details furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) at the close of business hours on Friday, July 1, 2016, and
2. to those members holding shares in physical form, whose names appear in the Bank’s Register of Members at the close of business hours on Friday, July 8, 2016 after giving effect to all valid transfers in physical form lodged with the Bank and/or its Share Transfer Agents on or before Wednesday, July 1, 2016.

87th Annual General Meeting
The 87th Annual General Meeting of the Shareholders of the Bank is scheduled to be held on Wednesday, the 15th July, 2015 at 10.00 A.M. at the Casino Cultural Auditorium Ltd., T.B. Road, Thrissur.
Record date for dividend
For the purpose of declaration of dividend, if any, for the year 2014-15, the Bank has decided to close its Register of Members and Share Transfer Books from Thursday the 9th day of July, 2015, to Wednesday the 15th day of July, 2015 (both days inclusive). Dividend on equity shares as recommended by the Board for the year ended March 31, 2015, if declared at the meeting, will be paid on and from Monday, July 20, 2015:

•     In respect of shares held dematerialized mode, to all beneficial owners as per the details furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) at the close of business hours on Wednesday, July 8, 2015, and
  
•     to those members holding shares in physical form, whose names appear in the Bank’s Register of Members at the close of business hours on Wednesday, July 15, 2015 after giving effect to all valid transfers in physical form lodged with the Bank and/or its Share Transfer Agents on or before Wednesday, July 8, 2015.

  
  
  Appointment of Sri. Parayil George John Tharakan as Additional Independent Director of the Bank

  Sri. Parayil George John Tharakan residing at Ayanat Parayil, Thykattussery Post, Alleppey District, Kerala – 688 528 has been appointed as Independent Director of the Bank w.e.f. 15th July, 2015 for a period of 5 years. 

  Click here -> Letter of Appointment to Sri. Parayil George John Tharakan
  Appointment of Sri. V.G. Mathew as Managing Director & CEO of the Bank
   
  Sri. V.G. Mathew took charge as the Managing Director & CEO of the Bank for a period of 3 (three) years w.e.f. October 01, 2014 as approved by RBI in terms of Clause 35B of Banking Regulation Act, 1949.
  Resignation of Dr. V.A. Joseph,Managing Director & CEO
   
  Dr. V.A. Joseph demitted office of the Managing Director & CEO of the Bank w.e.f. September 30, 2014 (after closure of business hours) on expiry of his current tenure granted by RBI.
   
   
  Appointment of Smt.Ranjana Salgaocar as Additional Independent Director of the Bank
   
  Smt. Ranjana S Salgaocar residing at Hira Vihar, Airport Road, Chicalim, Mormugao Taluka, Goa -403711 has been appointed as Independent Director of the Bank w.e.f. 15th July ,2015 for a period of 5 Years.
  Click here -> Letter of Appointment to Smt. Ranjana Salgaocar
   
  Resignation of Sri. Paul Chalissery, Director
   
  Sri. Paul Chalissery, Non-executive Independent Director of the Bank representing Majority Sector(Agriculture & Rural Economy) is demitted office of Directorship w.e.f. 30th September 2014 upon completion of his 8 year term, in accordance with Section 10A(2A) of Banking Regulation Act 1949.
   
  Resignation of Sri. Mathew L. Chakola Director
   
  Sri. Mathew L. Chakola, Non-executive Independent Director of the Bank representing Minority Sector is demitted office of Directorship w.e.f. 30th September 2014 upon completion of his 8 year term, in accordance with Section 10A(2A) of Banking Regulation Act 1949.
   
  Click here -> Letters of Appointment to Independent Directors
   
  Click here -> E-voting Results
  Click here ->Scrutinizer's Report

   

  86th Annual General Meeting
  The 86th Annual General Meeting of the Shareholders of the Bank is scheduled to be held on Wednesday, the 16th July, 2014 at 10.00 A.M. at the Casino Cultural Auditorium Ltd., T.B. Road, Thrissur.
  Record date for dividend
  For the purpose of declaration of dividend, if any, for the year 2013-14, the Company has decided to close its Register of Members and Share Transfer Books from Thursday the 10th day of July, 2014, to Wednesday the 16th day of July, 2014, (both days inclusive).  Dividend, if declared, will be paid to those members whose names appear in the Register of Members on Wednesday the 16th day of July, 2014 and to beneficial owners whose names appear in the Register of Beneficial Owners on Wednesday, the 9th day of July, 2014. Transfers received during book closure will be considered only after reopening of the Register of Members.
  Appointment of Mr.Cheryan Varkey as Additional Director of the Bank
  Mr.Cheryan Varkey residing at Sam Villa, Padinjarethala Angadi, Paravattani P.O., Thrissur, PIN-680005, Kerala has been appointed as additional Director of the Bank w.e.f. 28th May, 2014. He will hold office up to the date of the next Annual General Meeting of the Bank or the last date, on which the annual general meeting should have been held, whichever is earlier.
  Resignation of Dr. N J Kurian, Director
  Dr. N J Kurian, Non-executive Director, representing Majority Sector(Economics), has resigned from his office as Director of the Bank on 25th April 2014 after office hours. Consequently, he ceased to be a member of the Board w.e.f. 25th April 2014 .
  Recommendation of Dividend for the Financial Year 2013-14
  The Board of Directors of the Bank has recommended a dividend of Re.0.80 per equity share of face value of Re.1/- each for the financial year ended on 31st March 2014 and which shall be paid within seven days from the conclusion of the 86th Annual General Meeting, subject to the approval of the shareholders of the Bank.
  Appointment of Mr. Salim Gangadharan as Director of the Bank
  Mr.Salim Gangadharan, former Principal Chief General Manager and Regional Director, Reserve Bank of India, residing at C26, RNP Lane, Sasthamangalam P.O., Vellayambalam, Trivandrum-10 has been appointed as Director of the Bank w.e.f. 16th January 2014.
  Appointment of Mr.Francis Alapatt as Additional Director of the Bank
  Mr.Francis Alapatt residing at Alapatt Palathingal House, Bank Road, Kaloor, Kochi has been appointed as additional Director of the Bank w.e.f. 1st November 2013. He will hold office up to the date of the next Annual General Meeting of the Bank or the last date on which the annual general meeting should have been held, whichever is earlier.
  Resignation of Mr.Suresh Prabhu, Director
  Mr.Suresh Prabhu, Non-executive Director, representing Majority Sector, has resigned from his office as Director of the Bank on 1st November 2013 after office hours. Consequently, he ceased to be a member of the Board w.e.f. 2nd November 2013.
  Recommendation of Dividend for the Financial Year 2012-13
  The Board of Directors of the Bank has recommended a dividend of Re.0.70 per equity share of face value of Re.1/- each for the financial year ended on 31st March 2013 and if the same is declared at the 85th Annual General Meeting of the Bank will be credited / dispatched to the shareholders on 5th July, 2013.
  85th Annual General Meeting
  The 85th Annual General Meeting of the Shareholders of the Bank is scheduled to be held on Friday, the 28th June, 2013 at 10.00 A.M. at the Casino Cultural Auditorium Ltd., T.B. Road, Thrissur.
  Record date for dividend
  For the purpose of declaration of dividend, if any, for the year 2012-13, the Company has decided to close its Register of Members and Share Transfer Books from Saturday the 22nd day of June, 2013 to Friday the 28th day of June, 2013 (both days inclusive.)
  Dividend, if declared, will be paid to those members whose names appear in the Register of Members on Friday the 28th day of June, 2013 and to beneficial owners whose names appear in the Register of Beneficial Owners on Friday the 21st day of June, 2013. Transfers received during book closure will be considered only after reopening of the Register of Members.