| 08-May-2023 | D | Outcome of Board Meeting-Approval of Audited Financial Results (Standalone & Consolidated) of the Bank for the Fourth Quarter and Financial Year ended on March 31, 2023, Capital Raising Plan and Recommendation of Dividend for FY 2022-23.
Recommended dividend of Rs.8.60 per Equity Share i.e @ 86% of paid up Equity Capital of the Bank for the Financial Year 2022-23
The Record Date for payment of dividend will be Monday, the 12th June, 2023 (closure of Business Hours). The payment of dividend is subject to the approval of Shareholders at the ensuing Annual General Meeting of the Bank. | 12-Jun-2023 | |
| 11-May-2022 | D | Indian Bank has informed BSE that the Board of Directors of the Company at its meeting held on May 11, 2022, inter alia, has recommended Dividend of Rs.6.50 per Equity Share i.e @ 65% of paid up Equity Capital of the Bank for the Financial Year 2021-22.
Record Date for payment of dividend
The Record Date for payment of dividend will be Wednesday, the 15th June, 2022 (closure of Business Hours). The payment of dividend is subject to the approval of Shareholders at the ensuing Annual General Meeting of the Bank. | 14-Jun-2022 | |
| 28-May-2021 | D | Board recommended a dividend of Rs.2.00 per equity share i.e. @20.00% of paid up equity capital of the Bank for the financial year 2020-21. | 08-Jul-2021 | |
| 25-Apr-2017 | D | The Board of Directors of the Bank has, in the meeting held on April 25, 2017 recommended payment of dividend of a 6.00 (60%) per Equity Share of face value of a 10/- each for the year 2016-17, subject to declaration of the same by the shareholders of the Bank in the ensuing Annual General Meeting. The equity dividend, if declared at the ensuing Annual General Meeting, will be paid within 30 days from the date of the Annual General Meeting. | 02-Jun-2017 | |
| 11-May-2016 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on May 11, 2016, inter alia, has recommended payment of dividend of Rs. 1.50 (15%) per Equity Share of face value of Rs. 10/- each for the year 2015-16, subject to declaration of the same by the shareholders of the Bank in the ensuing Annual General Meeting. The equity dividend, if declared at the ensuing Annual General Meeting, will be paid within 30 days from the date of the Annual General Meeting. | 23-Jun-2016 | |
| 14-May-2015 | D | Indian Bank has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2015, inter alia, recommended payment of dividend of Rs. 4.20 (42%) per Equity Share of face value of Rs. 10/- each for the year 2014-15, subject to declaration of the same by the shareholders of the Bank in the ensuing Annual General Meeting. The equity dividend, if declared at the ensuing Annual General Meeting, will be paid within 30 days from the date of the Annual General Meeting. | 23-Jun-2015 | |
| 12-May-2014 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on May 12, 2014, inter alia, has recommended payment of dividend for the year 2013-14 on the Equity and Perpetual Non-Cumulative Preference Shares of the Bank as detailed below, subject to declaration of the same by the shareholders of the Bank in the ensuing Annual General Meeting:
1. Final Equity Dividend of Rs. 1.70 (17%) per Equity Share of face value of Rs. 10/- each.
2. Dividend on Perpetual Non-Cumulative Preference Shares (PNCPS) at 9.00% p.a. for the period from April 01, 2013 to September 30, 2013 and at 8.50% p.a. for the period from October 01, 2013 to February 28, 2014 (i.e.) fill the date of conversion of PNCPS into equity shares.
The final equity dividend, if declared at the ensuing Annual General Meeting, will be paid within 30 days from the date of the Annual General Meeting. | 23-Jun-2014 | |
| 10-Jan-2014 | D | Indian Bank has informed BSE that the Board of Directors of the Company at its meeting held on January 10, 2014, has
approved the conversion of the Perpetual Non-Cumulative Preference Shares (PNCPS) (4,00,00,000 Perpetual Non-Cumulative Preference Shares of Rs. 100/- each aggregating to Rs. 400.00 crore), held by Government of India, into such number of equity shares in favour of Government of India pursuant to compliance with Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and subject to approval of shareholders and other regulatory / statutory authorities. The Board has fixed Extra-ordinary General Meeting of the shareholders of the Bank on February 10, 2014 at 10.00 a.m. at IMAGE Auditorium, MRC Nagar, Raja Annamalaipuram, Chennai - 600 028 for this purpose.
The Board has also declared an Interim Dividend of Rs. 3.00 (30%) per Equity Share for the year 2013-14, subject to Bank obtaining notification from Government of India exempting the Bank from the provisions of Sub-section (1) of Section 15 of the Banking Regulations Act, 1949. | 20-Jan-2014 | |
| 09-May-2013 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on May 09, 2013.
1. Equity Dividend of Rs. 6.60 (66%) per Equity Share of face value of Rs. 10/- each.
With reference to the earlier announcement dated May 09, 2013 regarding the recommendation of the Board of Directors of the Bank for a dividend of Rs. 6.60 (66%) per Equity Share of face value of Rs. 10/- each and at 9.25% p.a. for the period from April 01, 2012 to September 30, 2012 and 9.00% p.a. for the period from October 01, 2012 to March 31, 2013 on the Perpetual Non-Cumulative Preference Share Capital of Rs. 400.00 crore, for the year 2012-13, Indian Bank has now informed BSE that the said dividends, if declared by the shareholders in the ensuing Seventh Annual General Meeting of the Bank scheduled for June 28, 2013, will be paid on July 10, 2013.
(As per BSE Announcement Dated on 21.06.2013) | 24-Jun-2013 | |
| 11-May-2012 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on May 11, 2012, inter alia, have recommended payment of dividend for the year 2011-12 on the Equity and Perpetual Non-cumulative Preference Share capital of the Bank as detailed below, subject to declaration of the same by the shareholders of the bank in the ensuing Annual General Meeting:
1. Equity Dividend of Rs. 7.50 (75%) per Equity Share of face value of Rs. 10/- each.
2. Dividend of Rs. 10.00 (10% p.a.) per Perpetual Non-Cumulative Preference Share of face value of Rs. 100/- each.
The dividend, if declared at the ensuing Annual General Meeting, will be paid within 30 days from the date of the Annual General Meeting. | 25-Jun-2012 | |
| 23-Apr-2011 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on April 23, 2011, inter alia, recommended payment of dividend for the year 2010-11 on the Equity and Perpetual Non-Cumulative Preference Share Capital of the Bank as detailed below, subject to receipt of approval from Government of India and declaration of the same by the shareholders of the Bank in the ensuing Annual General Meeting:
1. Equity Dividend of Rs. 7.50 (75%) per Equity Share of face value of Rs. 10/- each.
Indian Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 09, 2011 has recommended a dividend of 75% (Rs.7.50 per Equity Share) on the Equity Share Capital.The bank has also recommended a dividend of 10% on the Perpetual Non-Cumulative Preference Share Capital of Rs.400 crore for the year 2010-11.
(As Per NSE Bulletin Dated on 09/05/2011) | 30-May-2011 | |
| 24-Apr-2010 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on April 24, 2010, inter alia, has recommended payment of dividend for the year 2009-10 on the Equity and Perpetual Non-Cumulative Preference Share Capital of the Bank, subject to declaration of the same by the shareholders of the Bank in the ensuing Annual General Meeting:
- Final Dividend of Rs. 4.00 (40%) per Equity Share of face value of Rs. 10/- each. | 07-Jun-2010 | |
| 20-Feb-2010 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on February 20, 2010, has declared an Interim Dividend of Rs. 2.50 per Equity Share for the financial year 2009-10. | 04-Mar-2010 | |
| 27-Apr-2009 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on April 27, 2009, inter alia, has recommended a final dividend of 30% (Rs 3/- per Equity Share) on the Equity Share Capital and with this, the total dividend on Equity Capital for the year 2008-09 works out to 50% (Rs 5/- per Equity Share). The Board has also recommended a dividend of 8.75% for the period from April 2008 to September 2008 and 10.00% for the period from October 2008 to March 2009 on the Perpetual Non-Cumulative Preference Share Capital of Rs 400 crore. | 18-Jun-2009 | |
| 20-Feb-2009 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on February 20, 2009, has declared an Interim Dividend of 20% on the Equity Capital for the financial year 2008-09. The Board has also fixed March 12, 2009 as the Record Date for the purpose of determining the shareholders eligible to receive the Interim Dividend. | 09-Mar-2009 | |
| 23-Apr-2008 | D | Indian Bank has informed BSE that the Board of Directors of the Company at its meeting held on April 23, 2008, inter alia, has recommended a dividend of 30% on the Equity Share Capital.
Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on June 30, 2008, inter alia, has considered and recommended a Dividend of 40% (i.e. Rs 4.00 per Equity Share of Rs 10/- each for the financial year 2007-08, as against the earlier recommended rate of 30%.
(As Per BSE Announcement Website Dated on 30/06/2008) | 22-May-2008 | |
| 23-Apr-2007 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on April 23, 2007, inter alia, has recommended a Dividend of 20% on the Equity Share Capital & a special dividend of 10% on the Equity Share Capital to mark the Bank's Centenary Year Celebrations and 8% on the Preference Share Capital for the year 2006-07. | 15-Jun-2007 | |
| 23-Apr-2007 | D | Indian Bank has informed BSE that the Board of Directors of the Bank at its meeting held on April 23, 2007, inter alia, has recommended a Dividend of 20% on the Equity Share Capital & a special dividend of 10% on the Equity Share Capital to mark the Bank's Centenary Year Celebrations and 8% on the Preference Share Capital for the year 2006-07. | 15-Jun-2007 | |
| 29-Apr-2024 | BC | Audited Results & Final Dividend | 06-May-2024 | |
| 15-Feb-2024 | BC | EGM 21/03/2024
Extraordinary General Meeting of Shareholders of the Bank scheduled to be held on 21st March 2024 through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) for election of on | 21-Mar-2024 | |
| 10-Mar-2024 | BC | Change in Directorate-Completion of term of appointment of Shri Imran Amin Siddiqui
Appointment of Shri Brajesh Kumar Singh as Executive Director on the Board of the Bank | 10-Mar-2024 | |
| 09-Mar-2024 | BC | Appointment of Shri Pradeep Kumar Malhotra as Shareholder Director on the Board of the Bank | 09-Mar-2024 | |
| 07-Feb-2024 | BC | Change in Directorate: Cessation of Director | 07-Feb-2024 | |