General Announcement::Outcome of the Board Meeting held on July 20, 2019.

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 26-Jul-2019 20:05:00
Status: New
Announcement Sub Title: Outcome of the Board Meeting held on July 20, 2019.
Announcement Reference: SG190726OTHRW8SW
Submitted By (Co./ Ind. Name): Dhanjit Thaivalappil
Designation: Asst Vice President - Legal & Secretarial
Description (Please provide a detailed description of the event in the box below): We hereby inform that:

1. In commemoration of 25 years of the Bank s operations, the Board of Directors of the Bank have declared a Special Interim Dividend of 5/- per equity share of 2/- each for the financial year 2019-2020, at its meeting held today.

2. The Board of Directors of the Bank has fixed the Record Date for the purpose of ascertaining the entitlement of Special Interim Dividend as August 2, 2019. The date of payment of dividend in electronic form would be August 13, 2019 onwards and for dispatch of physical dividend warrants, it would be August 13, 2019 onwards.

3. The Board of Directors of the Bank has fixed the Record Date as September 20, 2019, for the purpose of ascertaining the entitlement of shareholders pursuant to Sub-Division of one equity share of face value of 2/- each into two equity shares of face value of 1/- each, which was approved by the shareholders of the Bank at its Annual General Meeting held on July 12, 2019.

Kindly take the same on your records.

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