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Exchange Received Time  30/11/2019 13:39:58 Exchange Disseminated Time 30/11/2019 13:40:04 Time Taken 00:00:06 | we would like to inform you that a meeting of the Board of Directors of the Bank was held today i.e. November 30, 2019, pursuant to which the following were inter-alia considered and approved: i. Approved raising of funds by issuing of equity shares of the Bank on a private placement basis in accordance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and such other acts, rules and regulations as may be applicable, subject to approval of the Shareholders of the Bank; and ii. Pursuant to Regulation 17(1) and 30 of the SEBI Listing Regulations, we hereby inform you that the Board of Directors of the Bank based on the recommendation of the Nomination Committee have appointed Ms. Ranjana Agarwal (DIN: 03340032) as an Additional and Independent Director of the Bank w.e.f. November 30, 2019 for a term of 5 years subject to the approval of the shareholders of the Bank. |
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