REG - Federal Bank Ltd The - Result of AGM <Origin Href="QuoteRef">FED.NS</Origin> - Part 1

Federal BankAnnouncement

21/07/2017 11:45

RNS Number : 7660L
Federal Bank Ltd (The)
21 July 2017
SDF-24/  /2017-18  21st July 2017
   
The London Stock Exchange Ltd.
10, Patemoster Square,
London EC4M7 LS
 
Dear Sir,
Sub. : Voting Results of Eighty Sixth Annual General Meeting of The Federal Bank Limited held on July 14, 2017.
The Eighty Sixth Annual General Meeting of The Federal Bank Limited was held on July 14, 2017 at 10AM at Mahatma Gandhi Municipal Town Hall, Aluva, Ernakulam, Kerala-683101.
Submitting herewith the following details:
1. Consolidated Scrutinizers report dated July 14, 2017 issued by Scrutinizer Mr. Sivakumar P, partner M/s. SVJS & Associates, Cochin, Company Secretary in Practice, pursuant to section 108 of the Companies Act, 2013 and Rules 20(4)(xii) of the Companies (Management and Administration)Rules, 2014.
2. Voting Results as per Regulation 44 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
Kindly take the same on record. The above details are also hosted on the Bank's website www.federalbank.co.in  
Thanking you,
Yours faithfully,
Girish Kumar G
Company Secretary 
COMBINED SCRUTINIZER REPORT FOR REMOTE E-VOTING AND POLL FOR
M/s.THE FEDERAL BANK LTD
To,
Mr. Shyam Srinivasan
Managing Director
The Federal Bank Ltd
Federal Towers, P B No. 103
Alwaye, Ernakulam,
Kerala - 683 101
86th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTDheld on Friday, 14th day of July, 2017 at 10.00 A.M. at Mahatma Gandhi Municipal Town Hall, Aluva.
Sub: Passing of Resolutions through Remote E-Voting and Poll conducted at the 86th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD.
I, CS Sivakumar P., Company Secretary in Practice, holding Membership Number: FCS - 3050 and Certificate of Practice Number - 2210, Managing Partner, SVJS & Associates, Company Secretaries, 39/3519 B, 1st Floor, Padmam Apartments, Manikkath Road, Ravipuram, Kochi, Kerala - 682 016, have been appointed as Scrutinizer for the Remote Electronic Voting and for the purpose of the Poll taken on the below mentioned resolutions at the 86th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD(CIN: L65191KL1931PLC000368) held on Friday, 14th day of July, 2017 at 10.00 A.M. at Mahatma Gandhi Municipal Town Hall, Aluva.
The Company had appointed National Securities Depository Limited (NSDL) as the Service Provider, for extending the facility for the remote electronic voting to the shareholders of the Company from Tuesday the 11th day of July 2017 (09.00 A.M.) to Thursday the 13th day of July 2017 (5.00 P.M.). Integrated Registry Management Services Private Limited is the Registrar and Share Transfer Agent of the Company. The remote e-voting results were unblocked by me on 14th July 2017 in the presence of two witnesses. For further details kindly refer my Scrutinizer report dated 14th July 2017 attached herewith. 
At the Annual General Meeting, the Company facilitated the members present in the meeting who could not participate in the remote e-voting to cast their votes through poll process. For details kindly refer to my Scrutinizer report in MGT 13 dated 14th July 2017 attached herewith.
The result of the Remote E-voting together with that of the Poll is as under:
Resl.No.
Subject Matter of Resolution
Particulars of Business
Votes in favor of the resolution
Votes against the resolution
No.
%
No.
%
ORDINARY BUSINESS :
1
a) Adoption of audited Financial statements for the financial year ended 31st March 2017 together with the Reports of Board of Directors' and Auditor's thereon.
b) Adoption of consolidated financial statements for the year ended 31st March 2017 together with Report of Auditors.
E-voting
1,110,446,392
100%
358
0.00%
Poll
198,752
100%
-
-
Total
1,110,645,144
100%
358
0.00%
2
Declaration of Dividend.
E-voting
1,112,759,831
100%
2,083
0.00%
Poll
193,247
100%
-
-
Total
1,112,953,078
100%
2,083
0.00%
3
Re-appointment of Director Mr. Ashutosh Khajuria (DIN: 05154975) who retires by rotation.
E-voting
1,112,736,131
100%
19,989
0.00%
Poll
193,242
100%
-
-
Total
1,112,929,373
100%
19,989
0.00%
4
Appointment of M/s B S R & Co. LLP, Chartered Accountants, Mumbai together with M/s M M Nissim & Co, Chartered Accountants, Mumbai as Joint Central Statutory Auditors of the Bank and fixation of remuneration thereof.
E-voting
1,057,698,303
97.46%
27,586,110
2.54%
Poll
198,852
100%
-
-
Total
1,057,897,155
97.46%
27,586,110
2.54%
SPECIAL BUSINESS (ORDINARY RESOLUTION):
5
Appointment and fixation of remuneration of the branch auditors in consultation with the Central Statutory Auditors.
E-voting
1,084,805,932
99.96%
478,166
0.04%
Poll
193,242
100%
-
-
Total
1,084,999,174
99.96%
478,166
0.04%
6
Reappointment of Mr. Shyam Srinivasan (DIN-02274773) as the Managing Director & CEO of the Bank, for a further period of 3 years, with effect from 23rd September 2016.
E-voting
1,080,140,386
99.84%
1,729,885
0.16%
Poll
198,242
99.84%
310
0.16%
Total
1,080,338,628
99.84%
1,730,195
0.16%
7
Grant of options under Employee Stock Option Scheme (ESOS) for the year 2016 to Mr. Ganesh Sankaran, Executive Director of the Bank @ Rs.72.45/- per option
E-voting
1,065,804,357
98.51%
16,069,762
1.49%
Poll
192,932
99.84%
310
0.16%
Total
1,065,997,289
98.51%
16,070,072
1.49%
8
Payment of remuneration of Rs. 1,25,000/- per month (Rs. 15,00,000/- per annum) to Mr. K M Chandrasekhar (DIN-06466854), Chairman of the Bank.
E-voting
1,081,844,755
100%
32,590
0.00%
Poll
187,038
99.78%
410
0.22%
Total
1,082,031,793
100%
33,000
0.00%
9
Payment of compensation in the form of profit related commission not exceeding Rs. 1,000,000/- per annum to each of the Non Executive/ Independent Directors of the Bank (other than Part Time Chairman), for each year effective from financial year ended 31 March 2017
E-voting
1,079,009,048
99.73%
2,871,898
0.27%
Poll
188,348
98.22%
3,410
1.78%
Total
1,079,197,396
99.73%
2,875,308
0.27%
SPECIAL BUSINESS( SPECIAL RESOLUTION) :
10
Reappointment of Mr. K. M. Chandrasekhar (DIN- 06466854)as an Independent Director of the Bank, for a period of one (1) year with effect from 17th July 2017 or till the date of his retirement whichever is earlier.
E-voting
1,081,850,934
100%
21,725
0.00%
Poll
198,423
99.99%
16
0.01%
Total
1,082,049,357
100%
21,741
0.00%
11
Reappointment of CA Nilesh S Vikamsey (DIN- 00031213)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier.
E-voting
1,078,202,015
99.82%
1,951,729
0.18%
Poll
198,852
100%
-
-
Total
1,078,400,867
99.82%
1,951,729
0.18%
12
Reappointment of Mr. Dilip G. Sadarangani (DIN- 06610897)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier.
E-voting
1,080,119,090
100%
29,864
0.00%
Poll
198,723
99.99%
16
0.01%
Total
1,080,317,813
100%
29,880
0.00%
13
Reappointment of Mr. Harish H. Engineer (DIN- 01843009)as an Independent Director of the Bank, for a period of two (2) years with effect from 17th July 2017 or till
the date of his retirement whichever is earlier.
E-voting
841,872,914
77.87%
239,205,828
22.13%
Poll
195,836
98.48%
3,016
1.52%
Total
842,068,750
77.88%
239,208,844
22.12%
14
Reappointment of Ms. Grace Elizabeth Koshie (DIN- 06765216)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of her retirement whichever is earlier.
E-voting
1,062,228,795
98.31%
18,232,352
1.69%
Poll
195,723
98.48%
3,016
1.52%
Total
1,062,424,518
98.31%
18,235,368
1.69%
15
Reappointment of Ms. Shubhalakshmi Panse (DIN-02599310)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of her retirement whichever is earlier.
E-voting
1,081,866,399
100%
5,419
0.00%
Poll
198,836
99.99%
16
0.01%
Total
1,082,065,235
100%
5,435
0.00%
16
a) To introduce and implement a scheme for grant of stock options (ESOS 2017)to employees and directors (including Managing Director and CEO) of the Bank and to create, grant, offer and allot under the scheme, equity shares of face value of Rs. 2/- each not exceeding aggregate of 5% of the paid up equity share capital of the Bank.
b) To cover the Employee Stock Option Scheme 2017 ["ESOS 2017"] to the person(s) who are in employment of the subsidiary (ies) of the Bank
E-voting
895,253,597
82.39%
191,401,480
17.61%
Poll
195,852
98.49%
3,000
1.51%
Total
895,449,449
82.39%
191,404,480
17.61%
17
Amendment of Article 80 of Articles of Association of the Bank.
E-voting
1,112,752,896
100%
1,334
0.00%
Poll
198,852
100%
-
-
Total
1,112,951,748
100%
1,334
0.00%
18
Borrowing/ raising funds in Indian currency by way of issue debt instruments upto Rs. 4,000 Crore (Rupees Four Thousand Crore only)on a private placement basis.
E-voting
1,112,745,725
100%
2,830
0.00%
Poll
195,499
98.37%
3,240
1.63%
Total
1,112,941,224
100%
6,070
0.00%
19
To increase the borrowing limit of the Bank from Rs. 3000 Crore to Rs. 7000 Crore over and above the Paid up Capital and Free Reserves of the Bank, pursuant to Section 180 (1)(c) of the Companies Act, 2013.
E-voting
1,111,508,943
99.89%
1,252,832
0.11%
Poll
198,852
100%
-
-
Total
1,111,707,795
99.89%
1,252,832
0.11%
All the Resolutions stand passed under Remote E-Voting and Poll as Ordinary and Special Resolutions with requisite majority as specified under the Companies Act, 2013.
Thanking You 
Yours faithfully
Kochi
14.07.2017
14.07.2017
To,
Mr. Shyam Srinivasan
Managing Director
The Federal Bank Ltd
Federal Towers, P B No. 103
Alwaye, Ernakulam
Kerala - 683 101
Sir,
Sub: Report of the Scrutinizer on Remote Electronic Voting
I, CS. Sivakumar P., Company Secretary in Practice, holding Membership Number: FCS - 3050 and Certificate of Practice Number - 2210, Managing Partner, SVJS & Associates, Company Secretaries, 39/3519 B, 1st Floor, Padmam Apartments, Manikkath Road, Ravipuram, Kochi, Kerala - 682 016, have been appointed by the Board of Directors of THE FEDERAL BANK LTD(CIN: L65191KL1931PLC000368) Federal Towers, P B No. 103, Alwaye, Ernakulam, Kerala - 683 101 as the Scrutinizer for the Remote Electronic Voting of the resolutions included in the notice callingthe 86th Annual General Meeting of the Company held on 14th July 2017. 
The Company has appointed National Securities Depository Limited (NSDL) as the Service Provider, for extending the facility for the remote electronic voting to the shareholders of the Company.Integrated Registry Management Services Private Limited is the Registrar and Share Transfer Agent of the Company.
As the Scrutinizer, I report that in compliance of the provisions of Rule 20 (4) (vi) of the Companies (Management and Administration) Rules 2014, as amended, the above remote electronic voting remained open to the members fromTuesday the 11th day of July 2017 (09.00 A.M.) to Thursday the 13th day of July 2017 (5.00 P.M.). Further the remote e-voting period was completed on the date preceding the date of Annual General Meeting.
On completion of the remote e-voting period, in compliance of the provisions of Rule 20 (4) (viii) and (xii) of the Companies (Management and Administration) Rules 2014, as amended, I have unblocked the votes on 14th July 2017, in the presence of two witnesses, who were not the employees of the Company. The names and signatures of the witnesses appear elsewhere in this report.
The following is the summary of remote e-voting result:
 
 ASSENT / IN FAVOUR OF
DISSENT / AGAINST
Resolution No.
Subject Matter of Resolution
Total No. of shares through E-voting
No. of Votes through E-voting
% of votes in favour on votes through E-voting
% of Paid Up Capital 
No. of Votes through E-voting 
% of votes against on votes through E-voting
ORDINARY BUSINESS
1
a) Adoption of audited Financial statements for the financial year ended 31st March 2017 together with the Reports of Board of Directors' and Auditor's thereon.
b) Adoption of consolidated financial statements for the year ended 31st March 2017 together with Report of Auditors.
1110446750
1110446392
100%
 57.12
358
0.00%
2
Declaration of dividend.
1112761914
1112759831
100%
57.24
2083
0.00%
3
Re-appointment of Director Mr. Ashutosh Khajuria (DIN: 05154975) who retires by rotation.
1112756120
1112736131
100%
57.24
19989
0.00%
4
Appointment of M/s B S R & Co. LLP, Chartered Accountants, Mumbai together with M/s M M Nissim & Co, Chartered Accountants, Mumbai as Joint Central Statutory Auditors of the Bank and fixation of remuneration thereof.
1085284413
1057698303
97.46%
54.41
27586110
2.54%
SPECIAL BUSINESS (Ordinary Resolution)
5
Appointment and fixation of remuneration of the branch auditors in consultation with the Central Statutory Auditors.
1085284098
1084805932
99.96%
55.80
478166
0.04%
6
Reappointment of Mr. Shyam Srinivasan (DIN-02274773) as the Managing Director & CEO of the Bank, for a further period of 3 years, with effect from 23rd September 2016.
1081870271
1080140386
99.84%
55.56
1729885
0.16%
7
Grant of options under Employee Stock Option Scheme (ESOS) for the year 2016 to Mr. Ganesh Sankaran, Executive Director of the Bank @ Rs.72.45/- per option
1081874119
1065804357
98.51%
54.82
16069762
1.49%
8
Payment of remuneration of Rs. 1,25,000/- per month (Rs. 15,00,000/- per annum) to Mr. K M Chandrasekhar (DIN-06466854), Chairman of the Bank.
1081877345
1081844755
100%
55.65
32590
0.00%
9
Payment of compensation in the form of profit related commission not exceeding Rs. 1,000,000/- per annum to each of the Non Executive/ Independent Directors of the Bank (other than Part Time Chairman), for each year effective from financial year ended 31 March 2017
1081880946
1079009048
99.73%
55.50
2871898
0.27%
SPECIAL BUSINESS (Special Resolution)
10
Reappointment of Mr. K. M. Chandrasekhar (DIN- 06466854)as an Independent Director of the Bank, for a period of one (1) year with effect from 17th July 2017 or till the date of his retirement whichever is earlier.
1081872659
1081850934
100%
55.65
21725
0.00%
11
Reappointment of CA Nilesh S. Vikamsey (DIN- 00031213)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier.
1080153744
1078202015
99.82%
55.46
1951729
0.18%
12
Reappointment of Mr. Dilip G. Sadarangani (DIN- 06610897)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier.
1080148954
1080119090
100%
55.56
29864
0.00%
13
Reappointment of Mr. Harish H. Engineer (DIN- 01843009)as an Independent Director of the Bank, for a period of two (2) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier.
1081078742
841872914
77.87%
43.31
239205828
22.13%
14
Reappointment of Ms. Grace Elizabeth Koshie (DIN- 06765216)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of her retirement whichever is earlier.
1080461147
1062228795
98.31%
54.64
18232352
1.69%
15
Reappointment of Ms. Shubhalakshmi Panse (DIN-02599310)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of her retirement whichever is earlier.
1081871818
1081866399
100%
55.65
5419
0.00%
16
c) To introduce and implement a scheme for grant of stock options (ESOS 2017)to employees and directors (including Managing Director and CEO) of the Bank and to create, grant, offer and allot under the scheme, equity shares of face value of Rs. 2/- each not exceeding aggregate of 5% of the paid up equity share capital of the Bank.
d) To cover the Employee Stock Option Scheme 2017 ["ESOS 2017"] to the person(s) who are in employment of the subsidiary (ies) of the Bank
1086655077
895253597
82.39%
46.05
191401480
17.61%
17
Amendment of Article 80 of Articles of Association of the Bank.
1112754230
1112752896
100%
57.24
1334
0.00%
18
Borrowing/ raising funds in Indian currency by way of issue debt instruments upto Rs. 4,000 Crore (Rupees Four Thousand Crore only)on a private placement basis.
1112748555
1112745725
100%
57.24
2830
0.00%
19
To increase the borrowing limit of the Bank from Rs. 3000 Crore to Rs. 7000 Crore over and above the Paid up Capital and Free Reserves of the Bank, pursuant to Section 180 (1)(c) of the Companies Act, 2013.
1112761775
1111508943
99.89%
57.18
1252832
0.11%
All resolutions stand passed under Remote E-voting as Ordinary and special resolutions with requisite majority as specified under the Companies Act, 2013.
Thank you
Yours faithfully
Witnesses to the unblocking of votes:
1.
2.
FORM No. MGT-13
Report of Scrutinizer
[Pursuant to Section 109 of the Companies Act, 2013 and Rule 21(2) of the Companies (Management and Administration) Rules, 2014]
To,
Mr. Shyam Srinivasan
Managing Director
The Federal Bank Ltd
Federal Towers, P B No. 103
Alwaye, Ernakulam
Kerala- 683101
86th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD held on Friday, 14th day of July, 2017 at 10.00 A.M. at Mahatma Gandhi Municipal Town Hall, Aluva.
Dear Sir, 
I, CS. Sivakumar P, Company Secretary in Practice, holding Membership Number: FCS - 3050 and Certificate of Practice Number - 2210, Managing Partner, SVJS & Associates, Company Secretaries, 39/3519 B, 1st Floor, Padmam Apartments, Manikkath Road, Ravipuram, Kochi, Kerala -682 016 appointed as Scrutinizer for the purpose of the poll taken on the below mentioned resolutions, at the 86th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD (CIN: L65191KL1931PLC000368), held on Friday, 14th day of July, 2017 at 10.00 A.M. at Mahatma Gandhi Municipal Town Hall, Aluva submit my report as under:
1. After the time fixed for closing of the poll by the Chairman, 2 (Two) ballot boxes kept for polling were locked in my presence with due identification marks placed by me.
2. The locked ballot boxes were subsequently opened in my presence and poll papers were diligently scrutinized. The poll papers were reconciled with the records maintained by the Company / Registrar and Transfer Agents of the Company and the authorizations / proxies lodged with the Company. 
3. The poll papers, which were incomplete and/or otherwise found defective have been treated as invalid and kept separately.
4. The result of the Poll is as under: 
(a) Resolution 1:
a) Adoption of audited financial statements for the financial year ended 31st March 2017 together with the Reports of Board of Directors' and Auditor's thereon.
b) Adoption of consolidated financial statements for the year ended 31st March 2017 together with Report of Auditors.
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
64
198,752
100%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
-
-
-
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
4
1,204
(b) Resolution 2:
Declaration of dividend:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
62
193,247
100%
 
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
-
-
-
(iii)Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
6
6,709
(c) Resolution 3:
Re-appointment of Director Mr. Ashutosh Khajuria (DIN: 05154975) who retires by rotation:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
63
193,242
100%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
-
-
-
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
5
6,714
(d) Resolution 4:
Appointment of M/s B S R & Co. LLP, Chartered Accountants, Mumbai together with M/s M M Nissim & Co, Chartered Accountants, Mumbai as Joint Central Statutory Auditors of the Bank and fixation of remuneration thereof:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
65
198,852
100%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
-
-
-
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
3
1,104
(e) Resolution 5:
Appointment and fixation of remuneration of the branch auditors in consultation with the Central Statutory Auditors:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
63
193,242
100%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
-
-
-
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
5
6,714
(f) Resolution 6:
Re-appointment of Mr. Shyam Srinivasan (DIN-02274773) as the Managing Director & CEOof the Bank, for a further period of 3 years, with effect from 23rd September 2016:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
62
198,242
99.84%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
2
310
0.16%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
4
1,404
(g) Resolution 7:
Grant of options under Employee Stock Option Scheme (ESOS) for the year 2016 to Mr. Ganesh Sankaran, Executive Director of the Bank @ Rs.72.45/- per option
i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
61
192,932
99.84%
ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
2
310
0.16%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
5
6,714
(h) Resolution 8:
Payment of remuneration of Rs. 1,25,000/- per month (Rs. 15,00,000/- per annum) to Mr. K M Chandrasekhar (DIN-06466854), Chairman of the Bank:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
52
187,038
99.78%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
3
410
0.22%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
13
12,508
(i) Resolution 9:
Payment of compensation in the form of profit related commission not exceeding Rs. 1,000,000/- per annum to each of the Non Executive/ Independent Directors of the Bank (other than Part Time Chairman), for each year effective from financial year ended 31 March 2017:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
51
188,348
98.22%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
4
3,410
1.78%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
13
8,198
(j) Resolution 10:
Reappointment of Mr. K. M. Chandrasekhar (DIN- 06466854) as an Independent Director of the Bank, for a period of one (1) year with effect from 17th July 2017 or till the date of his retirement whichever is earlier:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
62
198,423
99.99%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
1
16
0.01%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
6
1,517
(k) Resolution 11:
Reappointment of CA Nilesh S Vikamsey (DIN- 00031213)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
65
198,852
100%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
-
-
-
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
3
1,104
(l) Resolution 12:
Reappointment of Mr. Dilip G. Sadarangani (DIN- 06610897)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
63
198,723
99.99%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
1
16
0.01%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
4
1,217
(m) Resolution 13:
Reappointment of Mr. Harish H. Engineer (DIN- 01843009)as an Independent Director of the Bank, for a period of two (2) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
63
195,836
98.48%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
2
3,016
1.52%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
3
1,104
(n) Resolution 14:
Reappointment of Ms. Grace Elizabeth Koshie (DIN- 06765216)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of her retirement whichever is earlier:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
62
195,723
98.48%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
2
3,016
1.52%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
4
1,217
(o) Resolution 15:
Reappointment of Ms. Shubhalakshmi Panse (DIN-02599310)as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of her retirement whichever is earlier:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
64
198,836
99.99%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
1
16
0.01%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
3
1,104
(p) Resolution 16:
a) To introduce and implement a scheme for grant of stock options (ESOS 2017)to employees and directors (including Managing Director and CEO) of the Bank and to create, grant, offer and allot under the scheme, equity shares of face value of Rs. 2/- each not exceeding aggregate of 5% of the paid up equity share capital of the Bank:
b) To cover the Employee Stock Option Scheme 2017 ["ESOS 2017"] to the person(s) who are in employment of the subsidiary (ies) of the Bank:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
64
195,852
98.49%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
1
3,000
1.51%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
3
1,104
(q) Resolution 17:
Amendment of Article 80 of Articles of Association of the Bank.
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
65
198,852
100%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
-
-
-
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
3
1,104
(r) Resolution 18:
Amendment of Article 80 of Articles of Association basis:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
62
195,499
98.37%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
2
3,240
1.63%
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
4
1,217
(s) Resolution 19:
To increase the borrowing limit of the Bank from Rs. 3000 Crore to Rs. 7000 Crore over and above the Paid up Capital and Free Reserves of the Bank, pursuant to Section 180 (1)(c) of the Companies Act, 2013:
(i) Voted in favor of the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
65
198,852
100%
(ii) Voted against the resolution:
Number of members present and voting (in person or by proxy) 
Number of votes cast by them
% of total number of valid votes cast
-
-
-
(iii) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
3
1,104
5. A Compact Disc (CD) containing a list of equity shareholders who voted "FOR", "AGAINST" and those whose votes were declared invalid for each resolution is enclosed. 
6. The poll papers and all other relevant records were sealed and handed over to the Company Secretary authorized by the Board for safe keeping. 
7. All resolutions stand passed under the poll as Ordinary / Special resolutions with requisite majority as specified under the Companies Act, 2013.
Thanking You
Yours faithfully
Kochi
14.07.2017

M/s. The Federal Bank Limited
 Disclosure under Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015
Details of Voting Results
Date of the AGM/EGM
14.07.2017




Total number of shareholders on record date
196631




No. of shareholders present in the meeting either in person or through proxy:


Promoters and Promoter Group:


Public:
889




No. of Shareholders attended the meeting through Video Conferencing


Promoters and Promoter Group:
Nil

Public:
Nil




Agenda-wise disclosure (to be disclosed separately for each agenda item)




As disclosed below.








Whether promoter/promoter group are interested in the agenda/ resolution: 



Not Applicable









Mode of Voting includes both remote e-Voting and through ballot/polling paper distributed at the AGM venue.

Details of Agenda 








Item 1: a) Adoption of audited Financial statements for the financial year ended 31st March 2017 together with the Reports of Board of Directors' and Auditor's thereon.

b) Adoption of consolidated financial statements for the year ended 31st March 2017 together with Report of Auditors.










Resolution required: (Ordinary/ Special)
Ordinary












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held
(1)
No. of votes polled
(2)
% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100
No. of Votes - in favour
(4)
No. of Votes - against
(5)
% of Votes in favour on votes polled
(6)=[(4)/(2)]*100
% of Votes against on votes polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
1011920769
52.052423
1011920411
358
99.999965
0.00003538

Poll
1944041607
198752
0.0102236
198752
0
100
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
3888083214
1012119521
26.03132
1012119163
358
99.99996
0.0000354

Total

1944041607
1110645502
57.13075
1110645144
358
99.99997
0.00003223





















Item 2: Declaration of Dividend










Resolution required: (Ordinary/ Special)
Ordinary












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held
(1)
No. of votes polled
(2)
% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100
No. of Votes - in favour
(4)
No. of Votes - against
(5)
% of Votes in favour on votes polled
(6)=[(4)/(2)]*100
% of Votes against on votes polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
1014235933
52.171514
1014233850
2083
99.999795
0.00020538

Poll
1944041607
193247
0.0099405
193247
0
100
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
1014429180
52.18145
1014427097
2083
99.99979
0.0002053

Total

1944041607
1112955161
57.24955
1112953078
2083
99.99981
0.00018716





















Item 3: Re-appointment of Director Mr. Ashutosh Khajuria (DIN: 05154975) who retires by rotation.










Resolution required: (Ordinary/ Special)
Ordinary












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held
(1)
No. of votes polled
(2)
% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100
No. of Votes - in favour
(4)
No. of Votes - against
(5)
% of Votes in favour on votes polled
(6)=[(4)/(2)]*100
% of Votes against on votes polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
1014230139
52.171216
1014210150
19989
99.998029
0.001970854

Poll
1944041607
193242
0.0099402
193242
0
100
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
1014423381
52.18116
1014403392
19989
99.99803
0.001970479

Total

1944041607
1112949362
57.24926
1112929373
19989
99.9982
0.001796039





















Item 4: Appointment of M/s B S R & Co. LLP, Chartered Accountants, Mumbai together with M/s M M Nissim & Co, Chartered Accountants, Mumbai as Joint Central Statutory Auditors of the Bank and fixation of remuneration thereof










Resolution required: (Ordinary/ Special)
Ordinary












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held
(1)
No. of votes polled
(2)
% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100
No. of Votes - in favour
(4)
No. of Votes - against
(5)
% of Votes in favour on votes polled
(6)=[(4)/(2)]*100
% of Votes against on votes polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
986758432
50.758092
959172322
27586110
97.20437
2.795629518

Poll
1944041607
198852
0.0102288
198852
0
100
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
986957284
50.76832
959371174
27586110
97.20493
2.795066255

Total

1944041607
1085483265
55.83642
1057897155
27586110
97.45863
2.541366679





















Item 5: Appointment and fixation of remuneration of the branch auditors in consultation with the Central Statutory Auditors.










Resolution required: (Ordinary/ Special)
Ordinary












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held
(1)
No. of votes polled
(2)
% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100
No. of Votes - in favour
(4)
No. of Votes - against
(5)
% of Votes in favour on votes polled
(6)=[(4)/(2)]*100
% of Votes against on votes polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
986758117
50.758076
986279951
478166
99.951542
0.048458279

Poll
1944041607
193242
0.0099402
193242
0
100
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
986951359
50.76802
986473193
478166
99.95155
0.048448791

Total

1944041607
1085477340
55.83612
1084999174
478166
99.95595
0.044051219





















Item 6: Reappointment of Mr. Shyam Srinivasan (DIN-02274773) as the Managing Director & CEO of the Bank, for a further period of 3 years, with effect from 23rd September 2016 and payment of remuneration










Resolution required: (Ordinary/ Special)
Ordinary












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held
(1)
No. of votes polled
(2)
% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100
No. of Votes - in favour
(4)
No. of Votes - against
(5)
% of Votes in favour on votes polled
(6)=[(4)/(2)]*100
% of Votes against on votes polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
983344290
50.582471
981614405
1729885
99.824081
0.175918548

Poll
1944041607
198552
0.0102134
198242
310
99.84387
0.156130384

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
983542842
50.59268
981812647
1730195
99.82409
0.175914554

Total

1944041607
1082068823
55.66079
1080338628
1730195
99.8401
0.159896946





















Item 7: Grant of options under Employee Stock Option Scheme (ESOS) for the year 2016 to Mr. Ganesh Sankaran, Executive Director of the Bank @ Rs.72.45/- per option










Resolution required: (Ordinary/ Special)
Ordinary












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held
(1)
No. of votes polled
(2)
% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100
No. of Votes - in favour
(4)
No. of Votes - against
(5)
% of Votes in favour on votes polled
(6)=[(4)/(2)]*100
% of Votes against on votes polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
983348138
50.582669
967278376
16069762
98.365812
1.634188481

Poll
1944041607
193242
0.0099402
192932
310
99.839579
0.160420612

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
983541380
50.59261
967471308
16070072
98.3661
1.633898921

Total

1944041607
1082067361
55.66071
1065997289
16070072
98.51487
1.485126766











Item 8: Payment of remuneration of Rs. 1,25,000/- per month (Rs. 15,00,000/- per annum) to Mr. K M Chandrasekhar (DIN-06466854), Chairman of the Bank.










Resolution required: (Ordinary/ Special)
Ordinary












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held
(1)
No. of votes polled
(2)
% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100
No. of Votes - in favour
(4)
No. of Votes - against
(5)
% of Votes in favour on votes polled
(6)=[(4)/(2)]*100
% of Votes against on votes polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
983351364
50.582835
983318774
32590
99.996686
0.003314177

Poll
1944041607
187448
0.0096422
187038
410
99.781273
0.218727327

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
983538812
50.59248
983505812
33000
99.99664
0.003355231

Total

1944041607
1082064793
55.66058
1082031793
33000
99.99695
0.003049725





















Item 9: Payment of compensation in the form of profit related commission not exceeding Rs. 1,000,000/- per annum to each of the Non Executive/ Independent Directors of the Bank (other than Part Time Chairman), for each year effective from financial year ended 31 March 2017










Resolution required: (Ordinary/ Special)
Ordinary












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
983354965
50.583021
980483067
2871898
99.707949
0.292050999

Poll
1944041607
191758
0.0098639
188348
3410
98.221717
1.778283044

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
983546723
50.59288
980671415
2875308
99.70766
0.292340764

Total

1944041607
1082072704
55.66098
1079197396
2875308
99.73428
0.265722256































Item 10:Reappointment of Mr. K. M. Chandrasekhar (DIN- 06466854) as an Independent Director of the Bank, for a period of one (1) year with effect from 17th July 2017 or till the date of his retirement whichever is earlier.










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
983346678
50.582594
983324953
21725
99.997791
0.002209292

Poll
1944041607
198439
0.0102075
198423
16
99.991937
0.008062931

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
983545117
50.5928
983523376
21741
99.99779
0.002210473

Total

1944041607
1082071098
55.6609
1082049357
21741
99.99799
0.002009203





















Item 11: Reappointment of CA Nilesh S. Vikamsey (DIN- 00031213) as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier.










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
981627763
50.494175
979676034
1951729
99.801174
0.198825774

Poll
1944041607
198852
0.0102288
198852
0
100
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
981826615
50.5044
979874886
1951729
99.80121
0.198785506

Total

1944041607
1080352596
55.5725
1078400867
1951729
99.81934
0.180656668





















Item 12: Reappointment of Mr. Dilip G. Sadarangani (DIN- 06610897) as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
981622973
50.493928
981593109
29864
99.996958
0.003042309

Poll
1944041607
198739
0.010223
198723
16
99.991949
0.00805076

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
981821712
50.50415
981791832
29880
99.99696
0.003043322

Total

1944041607
1080347693
55.57225
1080317813
29880
99.99723
0.002765776





















Item 13: Reappointment of Mr. Harish H. Engineer (DIN- 01843009) as an Independent Director of the Bank, for a period of two (2) years with effect from 17th July 2017 or till the date of his retirement whichever is earlier










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
982552761
50.541756
743346933
239205828
75.654658
24.3453418

Poll
1944041607
198852
0.0102288
195836
3016
98.483294
1.516705892

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
982751613
50.55198
743542769
239208844
75.65928
24.3407226

Total

1944041607
1081277594
55.62008
842068750
239208844
77.8772
22.12279671































Item 14: Reappointment of Ms. Grace Elizabeth Koshie (DIN- 06765216) as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of her retirement whichever is earlier










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
981935166
50.509987
963702814
18232352
98.143222
1.856777579

Poll
1944041607
198739
0.010223
195723
3016
98.482432
1.517568268

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
982133905
50.52021
963898537
18235368
98.14329
1.856708938

Total

1944041607
1080659886
55.58831
1062424518
18235368
98.31257
1.687428972































Item 15: Reappointment of Ms. Shubhalakshmi Panse (DIN-02599310) as an Independent Director of the Bank, for a period of three (3) years with effect from 17th July 2017 or till the date of her retirement whichever is earlier










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
983345837
50.582551
983340418
5419
99.999449
0.000551078

Poll
1944041607
198852
0.0102288
198836
16
99.991954
0.008046185

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
983544689
50.59278
983539254
5435
99.99945
0.000552593

Total

1944041607
1082070670
55.66088
1082065235
5435
99.9995
0.000502278









































Item 16. a) To introduce and implement a scheme for grant of stock options (ESOS 2017) to employees and directors (including Managing Director and CEO) of the Bank and to create, grant, offer and allot under the scheme, equity shares of face value of Rs. 2/- each not exceeding aggregate of 5% of the paid up equity share capital of the Bank.
b) To cover the Employee Stock Option Scheme 2017 ["ESOS 2017"] to the person(s) who are in employment of the subsidiary (ies) of the Bank










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held
(1)
No. of votes polled
(2)
% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100
No. of Votes - in favour
(4)
No. of Votes - against
(5)
% of Votes in favour on votes polled
(6)=[(4)/(2)]*100
% of Votes against on votes polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
988129096
50.828598
796727616
191401480
80.629912
19.37008846

Poll
1944041607
198852
0.0102288
195852
3000
98.49134
1.508659707

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
988327948
50.83883
796923468
191404480
80.63351
19.36649473

Total

1944041607
1086853929
55.90693
895449449
191404480
82.38913
17.61087437









































Item 17. Amendment of Article 80 of Articles of Association of the Bank.










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
1014228249
52.17
1014226915
1334
99.999868
0.000131529

Poll
1944041607
198852
0.0102288
198852
0
100
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
1014427101
52.18135
1014425767
1334
99.99987
0.000131503

Total

1944041607
1112953082
57.24945
1112951748
1334
99.99988
0.000119861































Item 18. Borrowing/ raising funds in Indian currency by way of issue debt instruments upto Rs. 4,000 Crore (Rupees Four Thousand Crore only) on a private placement basis.










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
1014222574
52.17
1014219744
2830
99.999721
0.000279031

Poll
1944041607
198739
0.010223
195499
3240
98.369721
1.630278909

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
1014421313
52.18105
1014415243
6070
99.9994
0.000598371

Total

1944041607
1112947294
57.24915
1112941224
6070
99.99945
0.000545399































Item 19. To increase the borrowing limit of the Bank from Rs. 3000 Crore to Rs. 7000 Crore over and above the Paid up Capital and Free Reserves of the Bank, pursuant to Section 180 (1)(c) of the Companies Act, 2013.










Resolution required: (Ordinary/ Special)
Special












Whether promoter/ promoter group are interested in the agenda/resolution?
Not Applicable











Category
Mode of Voting
No. of shares held(1)
No. of votes polled(2)
% of Votes Polled on outstanding shares(3)=[(2)/(1)]* 100
No. of Votes - in favour(4)
No. of Votes - against(5)
% of Votes in favour on votes polled(6)=[(4)/(2)]*100
% of Votes against on votes polled(7)=[(5)/(2)]*100

Promoter and Promoter Group
E-Voting
NA
NA
NA
NA
NA
NA
NA

Poll
NA
NA
NA
NA
NA
NA
NA

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
NA
NA
NA
NA
NA
NA
NA

Public- Institutions
E-Voting
1944041607
98525981
5.0681004
98525981
0
100
0

Poll
1944041607
0
0
0
0
0
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
98525981
5.0681
98525981
0
100
0

Public- Non Institutions
E-Voting
1944041607
1014235794
52.17
1012982962
1252832
99.876475
0.123524727

Poll
1944041607
198852
0.0102288
198852
0
100
0

Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA

Total
1944041607
1014434646
52.18174
1013181814
1252832
99.8765
0.123500514

Total

1944041607
1112960627
57.24984
1111707795
1252832
99.88743
0.112567504


This information is provided by RNS
The company news service from the London Stock Exchange
  END
RAGSEDFSFFWSEDW