Indian Overseas Bank appoints Alagarsamy S as Chief Compliance Officer

Indian Overseas Bank has designated Mr. Alagarsamy S as its new Chief Compliance Officer effective July 1, 2026, following the superannuation of the previous incumbent. The bank informed the exchanges that Mr. Nataraj Karyampudi, who served as Chief General Manager & Chief Compliance Officer, retired from the services of the bank at the close of business hours on June 30, 2026. The transition was disclosed pursuant to Regulations 30 and 51 of the SEBI (LODR) Regulation, 2015.

Management Transition Details

The appointment of Mr. Alagarsamy S fills the vacancy created by the retirement of Mr. Nataraj Karyampudi. The bank submitted the necessary details to the stock exchanges, referencing Regulation 30(6) of the SEBI (LODR) Regulations, 2015 and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.

Profile of the Appointee

Mr. Alagarsamy S brings over three decades of experience to the role. He joined the bank in September 1991 and possesses qualifications including M.Sc. and CAIIB. His professional certifications include a Certificate on Risk in Financial Services, a Certificate Programme in IT & Cyber Security for CXOs, and credentials as a Certified Accounting and Audit Professional, Certified Treasury Professional, and Certified Credit Professional.

S.no.	Name of the Executive	Reason for change	Brief Profile	Disclosure of relationship between Directors
1.	Mr. Nataraj Karyampudi	Superannuation	Not Applicable	Not Applicable
2.	Mr. Alagarsamy. S	Appointment	Shri S. Alagarsamy has joined the Bank in September 1991 and has more than 34 years of experience in Banking Industry. He has completed M.Sc., CAIIB and has completed Certificate on Risk in Financial Services, Certificate Programme in IT & Cyber Security for CXOs. Further, he is a Certified Accounting and Audit Professional, Certified Treasury Professional and a Certified Credit Professional.	Not Applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.24%	-3.65%	+2.00%	+0.74%	-12.54%	+32.13%

Indian Overseas Bank has disclosed that its promoter, the President of India, held 92.44% of the bank's equity shares as of March 31, 2026. The bank confirmed that the promoter, along with persons acting in concert, did not create any encumbrance directly or indirectly during the financial year 2025-26. This declaration ensures shareholders that the promoter's substantial stake remains unencumbered, safeguarding against potential risks associated with pledged shares.

The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These regulations mandate periodic reporting to maintain transparency regarding the holding status of promoters and their ability to pledge shares. The filing was signed by Raghuram Mallela, Deputy General Manager, Company Secretary & Compliance Officer.

Shareholding Details

The following table outlines the promoter's shareholding status as of the specified date:

Promoter Name	Shareholding Percentage	Date of Holding
President of India	92.44%	March 31, 2026

The bank confirmed that no encumbrance was made by the promoter or persons acting in concert during FY26. This status is critical for maintaining investor confidence, as encumbrances can signal financial stress or liquidity issues at the promoter level.