<\/p>\n
\u201cAt the AGM<\/a>, the shareholders enabled the resolution for the issue of shares aggregating up to Rs 11,000 crore (inclusive of premium amount) through various modes of issue including QIP<\/a>,\u201d the lender mentioned in the regulatory filing<\/a>.<\/p>\n IDBI Bank has also mentioned in the regulatory exchange regarding the adoption of standalone and consolidated audited financial statements of the bank as on March 31,2020 along with the reports of directors and auditors thereon.<\/p>\n Another resolution that was passed in the AGM was the reappointment of Rajesh Kandwal, LIC nominee director, as rotational director who himself offered for reappointment.<\/p>\n Further in the meeting, the shareholders agreed to the appointment of Meera Swarup and Anushuman Sharma as rotational directors during their tenure as government nominee director on board.<\/p>\n Besides, the board also gave approval to appoint J Samuel Joseph and Suresh Khatanhar as the deputy managing director and as rotational directors for a period of 3 years with reference to September 20, 2019 and January 15,2020 respectively, the bank said.<\/p>\n<\/div>\n