REG - Federal Bank Ltd The - Result of AGM
RNS Number : 7820XFederal Bank Ltd (The)14 August 2018
Secretarial Department
SDF-24/ /2018-19 14th August 2018
The London Stock Exchange Ltd
10, Patemoster Square,
London EC4M 7 LS
Dear Sir,
Sub : Voting Results of Eighty Sixth Annual General Meeting of The Federal Bank Limited held on August 10, 2018
The Eighty Seventh Annual General Meeting of The Federal Bank Limited was held on August 10, 2018 at 10AM at Mahatma Gandhi Municipal Town Hall, Aluva, Ernakulam, Kerala-683101.
Submitting herewith the following details:
1. Consolidated Scrutinizers report dated August 12, 2018 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
The Federal Bank Ltd. Registered Office: Federal Towers, P O Box No.103, Aluva, Kerala, India 683 101
E-mail: secretarial@federalbank.co.in| www.federalbank.co.inI Phone : 0484-2622263 fax:04842623119CIN: L65191KL1931PLC000368
COMBINED SCRUTINIZER REPORT FOR REMOTE E-VOTING AND POLL FOR
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
87th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD held on Friday, 10th day of August, 2018 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 87th 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, 39/3525, Kasthubham, 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 87th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD (CIN: L65191KL1931PLC000368) held on Friday, 10th day of August, 2018 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 07th day of August 2018 (09.00 A.M.) to Thursday, the 09th day of August 2018 (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 11th August 2018 in the presence of two witnesses. For further details kindly refer my Scrutinizer report on remote e-voting dated 12th August 2018 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 11th August 2018 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 2018 together with the Reports of Board of Directors' and Auditor's thereon.
b) Adoption of Consolidated Financial Statements for the year ended 31st March 2018 together with Report of Auditors.
E-voting
903926978
99.99
2216
0.01
Poll
8,839,018
100
0
0
Total
912,765,996
99.99
2216
0.01
2
Declaration of Dividend.
E-voting
904074358
99.99
960
0.01
Poll
8,817,468
99.85
13,450
0.15
Total
912,891,826
99.99
14,410
0.01
3
Re-appointment of Director Mr. Ganesh Sankaran (DIN: 07580955) who retires by rotation.
E-voting
903978530
99.99
87306
0.01
Poll
8,839,018
100
0
0
Total
912,817,548
99.99
87306
0.01
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
874536480
96.73
29530875
3.27
Poll
8,833,118
100
0
0
Total
883,369,598
96.76
29530875
3.24
SPECIAL BUSINESS (ORDINARY RESOLUTION):
5
Appointment and fixation of remuneration of the branch auditors in consultation with the Central Statutory Auditors.
E-voting
903072902
99.89
997142
0.11
Poll
8,833,518
100
0
0
Total
911,906,420
99.89
997142
0.11
6
Appointment of Mr. A P Hota (DIN: 02593219) as the Independent Director of the Bank, for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021.
E-voting
746462
99.99
25454
0.01
Poll
8,830,998
100
0
0
Total
877,577,460
99.99
25454
0.01
7
Appointment of Mr. Deepak Maheshwari (DIN: 08163253) as the Independent Director of the Bank for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021.
E-voting
868698161
99.99
66348
0.01
Poll
8,833,518
100
0
0
Total
877,531,679
99.99
66348
0.01
8
Appointment and payment of remuneration of Rs. 1, 50,000/- per month (Rs. 18,00,000/- per annum) to Mr. Nilesh Vikamsey (DIN- 00031213), Chairman of the Bank.
E-voting
867009354
99.99
37479
0.01
Poll
8,833,022
99.93
5,996
0.07
Total
875,842,376
99.99
43,475
0.01
9
Payment of variable to Mr. Shyam Srinivasan, (DIN 02274773)
E-voting
866978103
99.79
1795517
0.21
Poll
8,833,418
99.94
5,600
0.06
Total
875,811,521
99.79
1,801,117
0.21
10
Reappointment of Mr. Ashutosh Khajuria (DIN: 05154975) as Executive Director of the Bank for a period of 2 years, with effect from 28th January 2018 and payment of remuneration.
E-voting
866985216
99.80
1758401
0.20
Poll
8,830,898
99.94
5,600
0.06
Total
875,816,114
99.80
1,764,001
0.20
11
Payment of variable to Mr. Ashutosh Khajuria (DIN: 05154975)
E-voting
866983786
99.79
1788726
0.21
Poll
8,833,418
99.94
5,600
0.06
Total
875,817,204
99.79
1,794,326
0.21
12
Reappointment of Mr. Ganesh Sankaran (DIN: 07580955) as the Executive Director of the Bank for a period of 2 years, with effect from 04th July 2018.
E-voting
903982217
99.99
73302
0.01
Poll
8,838,418
99.99
600
0.01
Total
912,820,635
99.99
73902
0.01
13
Payment of variable to Mr. Ganesh Sankaran (DIN: 07580955).
E-voting
866941373
99.79
1830863
0.21
Poll
8,835,418
99.96
3,600
0.04
Total
875,776,791
99.79
1,834,463
0.21
SPECIAL BUSINESS (Special Resolution)
14
Borrowing/ raising funds in Indian currency by way of issue of debt instruments up to Rs. 8,000 Crore (Rupees Eight Thousand Crore only) on a private placement basis.
E-voting
902330480
99.99
12310
0.01
Poll
8,818,398
99.94
5,500
0.06
Total
911,148,878
99.99
17,810
0.01
15
Increase of borrowing limit of the Bank from Rs. 7,000 Crore to Rs. 12,000 Crore over and above the Paid up Capital and Free Reserves including Securities Premium of the Bank, pursuant to Section 180 (1)(c) of the Companies Act, 2013.
E-voting
902321423
99.81
1752686
0.19
Poll
8,817,902
99.93
5,996
0.07
Total
911,139,325
99.81
1,758,682
0.19
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
12.08.2018
12.08.2018
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, 39/3525, Kasthubham, 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 calling the 87th Annual General Meeting of the Company held on 10th August 2018.
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 from Tuesday the 07th day of August 2018 (09.00 A.M.) to Thursday the 09th day of August 2018 (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 11th August 2018, 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 2018 together with the Reports of Board of Directors' and Auditor's thereon.
b) Adoption of Consolidated Financial Statements for the year ended 31st March 2018 together with Report of Auditors.
903929194
903926978
99.99
45.65
2216
0.01
2
Declaration of dividend.
904075318
904074358
99.99
45.66
960
0.01
3
Re-appointment of Director Mr. Ganesh Sankaran (DIN: 07580955) who retires by rotation.
904065836
903978530
99.99
45.65
87306
0.01
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.
904067355
874536480
96.73
44.17
29530875
3.27
SPECIAL BUSINESS (Ordinary Resolution)
5
Appointment and fixation of remuneration of the branch auditors in consultation with the Central Statutory Auditors.
904070044
903072902
99.89
45.61
997142
0.11
6
Appointment of Mr. A P Hota (DIN: 02593219) as the Independent Director of the Bank, for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021.
868771916
868746462
99.99
43.87
25454
0.01
7
Appointment of Mr. Deepak Maheshwari (DIN: 08163253) as the Independent Director of the Bank for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021.
868764509
868698161
99.99
43.87
66348
0.01
8
Appointment and payment of remuneration of Rs. 1, 50,000/- per month (Rs. 18,00,000/- per annum) to Mr. Nilesh Vikamsey (DIN- 00031213), Chairman of the Bank.
867046833
867009354
99.99
43.79
37479
0.01
9
Payment of variable to Mr. Shyam Srinivasan, (DIN 02274773)
868773620
866978103
99.79
43.78
1795517
0.21
10
Reappointment of Mr. Ashutosh Khajuria (DIN: 05154975) as Executive Director of the Bank for a period of 2 years, with effect from 28th January 2018 and payment of remuneration.
868743617
866985216
99.80
43.78
1758401
0.20
11
Payment of variable to Mr. Ashutosh Khajuria (DIN: 05154975)
868772512
866983786
99.79
43.78
1788726
0.21
12
Reappointment of Mr. Ganesh Sankaran (DIN: 07580955) as the Executive Director of the Bank for a period of 2 years, with effect from 04th July 2018.
904055519
903982217
99.99
45.65
73302
0.01
13
Payment of variable to Mr. Ganesh Sankaran (DIN: 07580955).
868772236
866941373
99.79
43.78
1830863
0.21
SPECIAL BUSINESS (Special Resolution)
14
Borrowing/ raising funds in Indian currency by way of issue of debt instruments up to Rs. 8,000 Crore (Rupees Eight Thousand Crore only) on a private placement basis.
902342790
902330480
99.99
45.57
12310
0.01
15
Increase of borrowing limit of the Bank from Rs. 7,000 Crore to Rs. 12,000 Crore over and above the Paid up Capital and Free Reserves including Securities Premium of the Bank, pursuant to Section 180 (1)(c) of the Companies Act, 2013.
904074109
902321423
99.81
45.57
1752686
0.19
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
87th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD held on Friday, the 10th day of August, 2018 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, 39/3525, Kasthubham, Manikkath Road, Ravipuram, Kochi, Kerala -682 016 appointed as Scrutinizer for the purpose of the poll taken on the below mentioned resolutions, at the 87th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD (CIN: L65191KL1931PLC000368), held on Friday, 10th day of August, 2018 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 2018 together with the Reports of Board of Directors' and Auditor's thereon.
b) Adoption of Consolidated Financial Statements for the year ended 31st March 2018 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
54
8,839,018
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
0
0
0
(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
6,572
(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
51
8,817,468
99.85
(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
13,450
0.15
(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
14,672
(c) Resolution 3:
Re-appointment of Director Mr. Ganesh Sankaran (DIN: 07580955) 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
54
8,839,018
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
0
0
0
(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
6,572
(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
52
8,833,118
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
0
0
0
(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
12,472
(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
53
8,833,518
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
0
0
0
(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
12,072
(f) Resolution 6:
Appointment of Mr. A P Hota (DIN: 02593219) as the Independent Director of the Bank, for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021.
(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
8,830,998
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
0
0
0
(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
14,592
(g) Resolution 7:
Appointment of Mr. Deepak Maheshwari (DIN: 08163253) as the Independent Director of the Bank for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021.
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
53
8,833,518
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
0
0
0
(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
12,072
(h) Resolution 8:
Appointment and payment of remuneration of Rs. 1, 50,000/- per month (Rs. 18,00,000/- per annum) to Mr. Nilesh Vikamsey (DIN- 00031213), 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
8,833,022
99.93
(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
5,996
0.07
(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
6,572
(i) Resolution 9:
Payment of variable to Mr. Shyam Srinivasan, (DIN 02274773)
(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
8,833,418
99.94
(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
5,600
0.06
(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
6,572
(j) Resolution 10:
Reappointment of Mr. Ashutosh Khajuria (DIN: 05154975) as Executive Director of the Bank for a period of 2 years, with effect from 28th January 2018 and payment of remuneration.
(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
50
8,830,898
99.94
(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
5,600
0.06
(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
9,092
(k) Resolution 11:
Payment of variable to Mr. Ashutosh Khajuria (DIN: 05154975)
(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
8,833,418
99.94
(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
5,600
0.06
(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
6,572
(l) Resolution 12:
Reappointment of Mr. Ganesh Sankaran (DIN: 07580955) as the Executive Director of the Bank for a period of 2 years, with effect from 04th July 2018.
(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
53
8,838,418
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
600
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
6,572
(m) Resolution 13:
Payment of variable to Mr. Ganesh Sankaran (DIN: 07580955)
(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
8,835,418
99.96
(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
3,600
0.04
(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
6,572
(n) Resolution 14:
Borrowing/ raising funds in Indian currency by way of issue of debt instruments up to Rs. 8,000 Crore (Rupees Eight Thousand Crore only) on a private placement 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
52
8,818,398
99.94
(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
5,500
0.06
(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
21,692
(o) Resolution 15:
Increase of borrowing limit of the Bank from Rs. 7,000 Crore to Rs. 12,000 Crore over and above the Paid up Capital and Free Reserves including Securities Premium 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
51
8,817,902
99.93
(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
5,996
0.07
(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
21,692
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
11.08.2018
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
87th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD held on Friday, the 10th day of August, 2018 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, 39/3525, Kasthubham, Manikkath Road, Ravipuram, Kochi, Kerala -682 016 appointed as Scrutinizer for the purpose of the poll taken on the below mentioned resolutions, at the 87th Annual General Meeting of the Equity Shareholders of THE FEDERAL BANK LTD (CIN: L65191KL1931PLC000368), held on Friday, 10th day of August, 2018 at 10.00 A.M. at Mahatma Gandhi Municipal Town Hall, Aluva submit my report as under:
8. 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.
9. 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.
10. The poll papers, which were incomplete and/or otherwise found defective have been treated as invalid and kept separately.
11. The result of the Poll is as under:
(p) Resolution 1:
c) Adoption of Audited Financial Statements for the financial year ended 31st March 2018 together with the Reports of Board of Directors' and Auditor's thereon.
d) Adoption of Consolidated Financial Statements for the year ended 31st March 2018 together with Report of Auditors.
(iv) 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
54
8,839,018
100
(v) 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
0
0
0
(vi) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
3
6,572
(q) Resolution 2:
Declaration of dividend.
(iii) 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
8,817,468
99.85
(iv) 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
13,450
0.15
(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
14,672
(r) Resolution 3:
Re-appointment of Director Mr. Ganesh Sankaran (DIN: 07580955) who retires by rotation.
(iii) 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
54
8,839,018
100
(iv) 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
0
0
0
(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
6,572
(s) 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.
(iii) 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
8,833,118
100
(iv) 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
0
0
0
(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
12,472
(t) Resolution 5:
Appointment and fixation of remuneration of the branch auditors in consultation with the Central Statutory Auditors.
(iii) 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
53
8,833,518
100
(iv) 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
0
0
0
(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
12,072
(u) Resolution 6:
Appointment of Mr. A P Hota (DIN: 02593219) as the Independent Director of the Bank, for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021.
(iv) 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
8,830,998
100
(v) 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
0
0
0
(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
14,592
(v) Resolution 7:
Appointment of Mr. Deepak Maheshwari (DIN: 08163253) as the Independent Director of the Bank for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021.
iii) 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
53
8,833,518
100
iv) 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
0
0
0
(vi) Invalid Votes
Total Number of members (in person or by proxy) whose votes were declared invalid
Total Number of votes cast by them
4
12,072
(w) Resolution 8:
Appointment and payment of remuneration of Rs. 1, 50,000/- per month (Rs. 18,00,000/- per annum) to Mr. Nilesh Vikamsey (DIN- 00031213), Chairman of the Bank.
(iii) 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
8,833,022
99.93
(iv) 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
5,996
0.07
(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
6,572
(x) Resolution 9:
Payment of variable to Mr. Shyam Srinivasan, (DIN 02274773)
(iii) 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
8,833,418
99.94
(iv) 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
5,600
0.06
(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
6,572
(y) Resolution 10:
Reappointment of Mr. Ashutosh Khajuria (DIN: 05154975) as Executive Director of the Bank for a period of 2 years, with effect from 28th January 2018 and payment of remuneration.
(iii) 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
50
8,830,898
99.94
(iv) 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
5,600
0.06
(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
9,092
(z) Resolution 11:
Payment of variable to Mr. Ashutosh Khajuria (DIN: 05154975)
(iii) 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
8,833,418
99.94
(iv) 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
5,600
0.06
(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
6,572
(aa) Resolution 12:
Reappointment of Mr. Ganesh Sankaran (DIN: 07580955) as the Executive Director of the Bank for a period of 2 years, with effect from 04th July 2018.
(iii) 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
53
8,838,418
99.99
(iv) 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
600
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
6,572
(bb) Resolution 13:
Payment of variable to Mr. Ganesh Sankaran (DIN: 07580955)
(iii) 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
8,835,418
99.96
(iv) 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
3,600
0.04
(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
6,572
(cc) Resolution 14:
Borrowing/ raising funds in Indian currency by way of issue of debt instruments up to Rs. 8,000 Crore (Rupees Eight Thousand Crore only) on a private placement basis.
(iii) 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
8,818,398
99.94
(iv) 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
5,500
0.06
(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
21,692
(dd) Resolution 15:
Increase of borrowing limit of the Bank from Rs. 7,000 Crore to Rs. 12,000 Crore over and above the Paid up Capital and Free Reserves including Securities Premium of the Bank, pursuant to Section 180 (1)(c) of the Companies Act, 2013.
(iii) 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
8,817,902
99.93
(iv) 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
5,996
0.07
(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
21,692
12. 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.
13. The poll papers and all other relevant records were sealed and handed over to the Company Secretary authorized by the Board for safe keeping.
14. 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
11.08.2018
Voting Results
Date of the AGM/EGM
10.08.2018
Total number of shareholders on record date
344977
No. of shareholders present in the meeting either in person or through proxy:
Promoters and Promoter Group:
0
Public:
777
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)
Item 1: a) Adoption of Audited Financial Statements for the financial year ended 31st March 2018 together with the Reports of Board of Directors' and Auditor's thereon.
b) Adoption of Consolidated Financial Statements for the year ended 31st March 2018 together with Report of Auditors.
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
Category
Mode of Voting
No. of shares held
(1)No. of votes polled
(2)% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100No. 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
1382919862
781635901
56.520694
781635901
0
100
0
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
781635901
56.52069
781635901
0
100
0
Public- Non Institutions
E-Voting
597176253
122293293
20.478593
122291077
2216
99.998188
0.00181204
Poll
597176253
8839018
1.4801355
8839018
0
100
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131132311
21.95873
131130095
2216
99.99831
0.0016899
Total
1980096115
912768212
46.09717
912765996
2216
99.99976
0.00024278
Item 2: Declaration of Dividend
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
Category
Mode of Voting
No. of shares held
(1)No. of votes polled
(2)% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100No. 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
1382919862
781635901
56.520694
781635901
0
100
0
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
781635901
56.52069
781635901
0
100
0
Public- Non Institutions
E-Voting
597176253
122439417
20.503062
122438457
960
99.999216
0.00078406
Poll
597176253
8830918
1.4787792
8817468
13450
99.847694
0.152305797
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131270335
21.98184
131255925
14410
99.98902
0.0109773
Total
1980096115
912906236
46.10414
912891826
14410
99.99842
0.00157848
Item 3: Re-appointment of Director Mr. Ganesh Sankaran (DIN: 07580955) who retires by rotation
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
Category
Mode of Voting
No. of shares held
(1)No. of votes polled
(2)% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100No. 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
1382919862
781635901
56.520694
781635901
0
100
0
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
781635901
56.52069
781635901
0
100
0
Public- Non Institutions
E-Voting
597176253
122429935
20.501474
122342629
87306
99.928689
0.07131099
Poll
597176253
8839018
1.4801355
8839018
0
100
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131268953
21.98161
131181647
87306
99.93349
0.0665093
Total
1980096115
912904854
46.10407
912817548
87306
99.99044
0.00956354
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?
No
Category
Mode of Voting
No. of shares held
(1)No. of votes polled
(2)% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100No. 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
1382919862
781635901
56.520694
752123251
29512650
96.224246
3.775754154
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
781635901
56.52069
752123251
29512650
96.22425
3.775754154
Public- Non Institutions
E-Voting
597176253
122431454
20.501728
122413229
18225
99.985114
0.01488588
Poll
597176253
8833118
1.4791476
8833118
0
100
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131264572
21.98088
131246347
18225
99.98612
0.0138842
Total
1980096115
912900473
46.10385
883369598
29530875
96.76516
3.23484058
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?
No
Category
Mode of Voting
No. of shares held
(1)No. of votes polled
(2)% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100No. 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
1382919862
781635901
56.520694
780653090
982811
99.874262
0.125737699
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
781635901
56.52069
780653090
982811
99.87426
0.125737699
Public- Non Institutions
E-Voting
597176253
122434143
20.502179
122419812
14331
99.988295
0.01170507
Poll
597176253
8833518
1.4792145
8833518
0
100
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131267661
21.98139
131253330
14331
99.98908
0.0109174
Total
1980096115
912903562
46.104
911906420
997142
99.89077
0.10922753
Item 6: Appointment of Mr. A P Hota (DIN: 02593219) as the Independent Director of the Bank, for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
Category
Mode of Voting
No. of shares held
(1)No. of votes polled
(2)% of Votes Polled on outstanding shares
(3)=[(2)/(1)]* 100No. 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
1382919862
746339086
53.968354
746339086
0
100
0
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
746339086
53.96835
746339086
0
100
0
Public- Non Institutions
E-Voting
597176253
122432830
20.501959
122407376
25454
99.97921
0.02079018
Poll
597176253
8830998
1.4787926
8830998
0
100
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131263828
21.98075
131238374
25454
99.98061
0.0193915
Total
1980096115
877602914
44.32123
877577460
25454
99.9971
0.00290040
Item 7: Appointment of Mr. Deepak Maheshwari (DIN: 08163253) as the Independent Director of the Bank for a period of 3 years, with effect from the date of this AGM to the date of the AGM to be held in 2021
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
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
1382919862
746339086
53.968354
746339086
0
100
0
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
746339086
53.96835
746339086
0
100
0
Public- Non Institutions
E-Voting
597176253
122425423
20.500719
122359075
66348
99.945805
0.05419463
Poll
597176253
8833518
1.4792145
8833518
0
100
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131258941
21.97993
131192593
66348
99.94945
0.0505474
Total
1980096115
877598027
44.32098
877531679
66348
99.99244
0.00756018
Item 8:Appointment and payment of remuneration of Rs. 1, 50,000/- per month (Rs. 18,00,000/- per annum) to Mr. Nilesh Vikamsey (DIN- 00031213), Chairman of the Bank
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
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
1382919862
744612246
53.843485
744612246
0
100
0
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
744612246
53.84348
744612246
0
100
0
Public- Non Institutions
E-Voting
597176253
122434587
20.502253
122397108
37479
99.969389
0.03061145
Poll
597176253
8839018
1.4801355
8833022
5996
99.932164
0.06783559
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131273605
21.98239
131230130
43475
99.96688
0.0331179
Total
1980096115
875885851
44.23451
875842376
43475
99.99504
0.00496355
Item 9: Payment of variable pay of FY 2016-17 to Mr. Shyam Srinivasan, (DIN 02274773),MD &CEO of the Bank
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
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
1382919862
746339086
53.968354
744612246
1726840
99.768625
0.231374724
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
746339086
53.96835
744612246
1726840
99.76863
0.231374724
Public- Non Institutions
E-Voting
597176253
122434534
20.502244
122365857
68677
99.943907
0.05609283
Poll
597176253
8839018
1.4801355
8833418
5600
99.936645
0.063355454
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131273552
21.98238
131199275
74277
99.94342
0.0565818
Total
1980096115
877612638
44.32172
875811521
1801117
99.79477
0.20522915
Item 10: Reappointment of Mr. Ashutosh Khajuria (DIN: 05154975) as Executive Director of the Bank for a period of 2 years, with effect from 28th January 2018 and payment of remuneration.
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
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
1382919862
746339086
53.968354
744612246
1726840
99.768625
0.231374724
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
746339086
53.96835
744612246
1726840
99.76863
0.231374724
Public- Non Institutions
E-Voting
597176253
122404531
20.49722
122372970
31561
99.974216
0.02578418
Poll
597176253
8836498
1.4797136
8830898
5600
99.936626
0.063373522
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131241029
21.97693
131203868
37161
99.97168
0.0283151
Total
1980096115
877580115
44.32008
875816114
1764001
99.79899
0.20100740
Item 11: Payment of variable pay of FY 2016-17 to Mr. Ashutosh Khajuria (DIN: 05154975), Executive Director of the Bank
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
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
1382919862
746339086
53.968354
744612246
1726840
99.768625
0.231374724
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
746339086
53.96835
744612246
1726840
99.76863
0.231374724
Public- Non Institutions
E-Voting
597176253
122433426
20.502059
122371540
61886
99.949453
0.05054665
Poll
597176253
8839018
1.4801355
8833418
5600
99.936645
0.063355454
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131272444
21.98219
131204958
67486
99.94859
0.0514091
Total
1980096115
877611530
44.32166
875817204
1794326
99.79554
0.20445561
Item 12: Reappointment of Mr. Ganesh Sankaran (DIN: 07580955) as the Executive Director of the Bank for a period of 2 years, with effect from 04th July 2018
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
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
1382919862
781635901
56.520694
781635901
0
100
0
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
781635901
56.52069
781635901
0
100
0
Public- Non Institutions
E-Voting
597176253
122419618
20.499746
122346316
73302
99.940122
0.05987766
Poll
597176253
8839018
1.4801355
8838418
600
99.993212
0.006788084
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131258636
21.97988
131184734
73902
99.9437
0.0563026
Total
1980096115
912894537
46.10355
912820635
73902
99.9919
0.00809535
Item 13: Payment of variable pay of FY 2016-17 to Mr. Ganesh Sankaran (DIN: 07580955),Executive Director of the Bank
Resolution required: (Ordinary/ Special)
Ordinary
Whether promoter/ promoter group are interested in the agenda/resolution?
No
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
1382919862
746339086
53.968354
744612246
1726840
99.768625
0.231374724
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
746339086
53.96835
744612246
1726840
99.76863
0.231374724
Public- Non Institutions
E-Voting
597176253
122433150
20.502012
122329127
104023
99.915037
0.08496310
Poll
597176253
8839018
1.4801355
8835418
3600
99.959271
0.040728506
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131272168
21.98215
131164545
107623
99.91802
0.0819846
Total
1980096115
877611254
44.32165
875776791
1834463
99.79097
0.20902911
Item 14: Borrowing/ raising funds in Indian currency by way of issue of debt instruments up to Rs. 8,000 Crore (Rupees Eight Thousand Crore only) on a private placement basis
Resolution required: (Ordinary/ Special)
Special
Whether promoter/ promoter group are interested in the agenda/resolution?
No
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
1382919862
779909061
56.395825
779909061
0
100
0
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
779909061
56.39582
779909061
0
100
0
Public- Non Institutions
E-Voting
597176253
122433729
20.502109
122421419
12310
99.989946
0.01005442
Poll
597176253
8823898
1.4776036
8818398
5500
99.937669
0.06233073
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131257627
21.97971
131239817
17810
99.98643
0.0135687
Total
1980096115
911166688
46.01629
911148878
17810
99.99805
0.00195464
Item 15: Increase of borrowing limit of the Bank from Rs. 7,000 Crore to Rs. 12,000 Crore over and above the Paid up Capital and Free Reserves including Securities Premium 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?
No
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
1382919862
781635901
56.520694
779909061
1726840
99.779074
0.220926393
Poll
1382919862
0
0
0
0
0
0
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
1382919862
781635901
56.52069
779909061
1726840
99.77907
0.220926393
Public- Non Institutions
E-Voting
597176253
122438208
20.502859
122412362
25846
99.978891
0.02110942
Poll
597176253
8823898
1.4776036
8817902
5996
99.932048
0.067951828
Postal Ballot (if applicable)
NA
NA
NA
NA
NA
NA
NA
Total
597176253
131262106
21.98046
131230264
31842
99.97574
0.0242583
Total
1980096115
912898007
46.10372
911139325
1758682
99.80735
0.19264825
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