IDBI Bank will conduct its upcoming 22nd Annual General Meeting (AGM) exclusively through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The bank has advised all shareholders to register their email IDs and update KYC details to ensure they receive the AGM notice and Annual Report electronically. This initiative complies with MCA Circular No. 03/2025 dated September 22, 2025, and relevant SEBI regulations.

The AGM notice and Annual Report for FY 2025-2026 will be sent electronically to members whose email IDs are registered with Depository Participants (DP) or KFin Technologies Limited, the Registrar and Transfer Agent (RTA). These documents will also be available on the bank's website and the websites of BSE Limited and National Stock Exchange of India Limited. Shareholders without registered email addresses will receive a letter containing a web link to access the report details. Physical copies of the Annual Report and AGM notice will be dispatched only to shareholders who specifically request them by emailing their Folio number or DP ID and Client ID to the bank.

To participate in e-voting for postal ballots or general meetings, shareholders without registered email IDs must obtain a User ID and Password. They are required to provide their Folio No. or DPID-CLID, name, and self-attested scanned copies of PAN and Aadhar Card to the bank via email.

In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, all payments to investors, including dividends, will be made through RBI-approved electronic modes. Consequently, shareholders must register or update their bank account details to facilitate direct credit. Additionally, pursuant to a SEBI master circular dated February 06, 2026, shareholders holding physical shares must update their PAN, contact details, mobile number, bank account details, and specimen signature to be eligible for electronic dividend payments.

Shareholders can register or update their bank account details, mobile number, email ID, PAN, and nomination by visiting the IDBI Bank or KFin Technologies websites to download the necessary forms (ISR-1, ISR-2, ISR-3, and SH-13). Completed documents should be sent to KFin Technologies Ltd. in Hyderabad. Investors holding shares in electronic form are advised to contact their depository participants to update KYC and bank account details in their demat accounts. The bank has also requested shareholders to dematerialize their physical shareholdings to eliminate associated risks.

Key Details for Shareholders

Government sources have confirmed that talks regarding the sale of IDBI Bank are currently ongoing, signaling that the divestment process for the lender remains an active area of deliberation at the government level.

Divestment Discussions Underway

According to government sources, conversations about selling IDBI Bank are in progress. The confirmation points to continued engagement on the privatisation front, though no specific financial terms, timelines, or prospective buyers have been detailed in the available information.

The disclosure underscores the government's continued attention to the divestment of IDBI Bank, a subject that has remained on the policy agenda. As discussions progress, further details are expected to emerge through official channels.