DCB Bank Limited has announced the results of its postal ballot conducted through remote e-voting, which concluded on May 07, 2026. The bank sought shareholder approval for five special business items, including the appointment of four directors and an amendment to its Articles of Association. The results were communicated to the stock exchanges on May 08, 2026, by Company Secretary and Compliance Officer Rubi Chaturvedi, along with the scrutinizer's report issued by Ms. Manisha Maheshwari (FCS No.: 13272; CP No.: 11031) of M/s. Bhandari & Associates, Company Secretaries.

Overview of Resolutions Voted Upon

The postal ballot notice, dated March 18, 2026, was dispatched to members whose names appeared in the Register of Members as on the cut-off date of Friday, March 27, 2026. The e-voting window opened on Wednesday, April 08, 2026, at 09:00 a.m. (IST) and closed on Thursday, May 07, 2026, at 5:00 p.m. (IST). The e-voting platform was provided by Central Depository Services (India) Limited (CDSL). The five resolutions put to vote are summarised below:

Voting Results: Resolutions 1, 3, 4, and 5

Four of the five resolutions were passed with the requisite majority. The following table presents the consolidated voting outcome for each of these resolutions:

The promoter and promoter group, holding 52258628 shares, voted 100.0000% in favour of all four resolutions. Public institutional shareholders, holding 146150562 shares, also voted entirely in favour of Resolutions 1, 3, and 5, while casting 99.8054% of their votes in favour of Resolution 4.

Resolution 2: Deemed Passed Under SEBI Regulation 25(2A)

The resolution for the appointment of Mr. Suhail Amin Nathani (DIN: 01089938) as a Non-Executive (Independent) Director for a period of three years from February 18, 2026 to February 17, 2029 (both days inclusive) did not receive the requisite 75% majority. The consolidated voting data for this resolution is as follows:

As the total votes in favour (74.1309%) fell short of the required 75% threshold, the resolution did not pass with the requisite majority. However, pursuant to sub-regulation (2A) of Regulation 25 of the SEBI Listing Regulations, the resolution is deemed to have been passed, as the votes cast in favour exceeded the votes cast against, and the votes cast by public shareholders in favour also exceeded the votes cast against the resolution.

Appointment Tenures and Effective Dates

The scrutinizer's report provides specific tenure and effective date details for each director appointment:

All five resolutions are deemed to have been passed on May 07, 2026, being the last date specified for remote e-voting. The voting results and scrutinizer's report are available on the bank's website at www.dcb.bank.in .

DCB Bank Limited has informed the stock exchanges of a change in its board composition, with Shaffiq Mansurali Dharamshi tendering his resignation as Non-Executive (Non Independent) Director effective May 08, 2026. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Change Details

The key details of the directorate change are summarised below:

Reason for Resignation

In his resignation letter addressed to the Managing Director and Chief Executive Officer of DCB Bank Limited, Dharamshi stated that the decision was made purely in consideration of his expanded professional commitments in his current global role. He noted that the resulting time and travel demands would limit his ability to devote the required time and attention to fulfil his responsibilities as a Director to the expected standard.

Dharamshi acknowledged that the decision was not easy, particularly as he had only recently recommenced a second term and had been looking forward to continuing to contribute to the Bank's performance. He explicitly confirmed that the resignation was not due to any governance concerns or disagreements of any nature.

Regulatory Disclosure

The disclosure was filed by Rubi Chaturvedi, Company Secretary and Compliance Officer of DCB Bank Limited, on May 08, 2026. The Bank confirmed that there are no reasons for the resignation other than those mentioned in Dharamshi's resignation letter dated May 08, 2026. The letter of resignation was enclosed with the regulatory filing submitted to both BSE Limited and the National Stock Exchange of India Limited.