| 27-Sep-12 |
| AGM : 27.09.2012
Dhanlaxmi Bank Ltd has informed BSE that the shareholders of the Bank at its 85th Annual General Meeting (AGM) held on September 27, 2012.
(As Per BSE Announcement Dated on 27.09.2012)
Dhanlaxmi Bank Ltd has informed BSE regarding the details of Voting results at the 85th Annual General Meeting of the Company held on September 27, 2012, under Clause 35A.
(As per BSE Announcement Dated on 04.10.2012)
Dhanlaxmi Bank Ltd has submitted to BSE a copy of the proceedings of the 85th Annual General Meeting (AGM) of the Bank was held on September 27, 2012.
(As Per BSE Announcement Dated on 25.10.2012) |
| 22-Jun-11 |
| Dhanlaxmi Bank Ltd has informed BSE that the 84th Annual General Meeting (AGM) of the Company will be held on June 22, 2011.
Dhanlaxmi Bank Ltd has informed BSE that the members at the 84th Annual General Meeting (AGM) of the Bank held on June 22, 2011, inter alia, have passed the following special resolutions:
1. To issue, offer and allot upto 2,07,52,000 equity shares through preferential basis, subject to terms and conditions, including receipt of all regulatory approvals by the Bank and the investors, as the case may be, in relation to the preferential allotment;
2. amended Clause (2), 4A(xxi), 6,7.2,7.4, 10.1(b) and 10.1(c) of the Dhanalakshmi Bank Employee Stock Option Scheme 2009 (ESOP Scheme), which was approved by the shareholders of the Bank at its 82nd AGM held on July 31, 2009; and
3. inserted the words any other Whole time Director or any Director in the whole time employment of the Bank between the words The Chairman and / or Managing Director and shall not retire by rotation appearing in Article 50(iii) of the Articles of Association of the Bank.
The Board of Directors of the Bank at its meeting held on April 23, 2011 has recommended 5% dividend, subject to the approval of RBI. Shareholders of the Bank at its 84th Annual General Meeting held on June 22, 2011 has passed resolution for a dividend of 5% or such other lower rate as the RBI may permit.
(As Per BSE Announcement Website dated on 22.06.2011)
With reference to the earlier announcement dated June 22, 2011, Dhanlaxmi Bank Ltd has informed BSE that Reserve Bank of India (RBI) vide letter dated June 28, 2011 has conveyed their approval for declaring dividend at the rate of 5% i.e. Re. 0.50/- per share on the face value of Rs. 10/- for the year 2010-2011.
(As Per BSE Announcement Website dated on 01.07.2011)
With reference to the earlier announcement dated June 22, 2011, about the outcome of a meeting of the shareholders ('Shareholders') of Dhanlaxmi Bank Ltd (the 'Bank') held on June 22, 2011, approving the issue and allotment of equity shares, to certain investors, on preferential allotment basis (the 'Shareholders' Approval').
Further the Bank has been informed by one of the proposed investors, Customers Bancorp, Inc, that it will not be able to participate in this preferential allotment and subscribe to the equity share due to certain regulatory reasons applicable in the jurisdiction of its incorporation. Pursuant to the above the other proposed investors have also expressed their reservations in subscribing to the preferential issue. Additionally, as per the provisions of 74(1) of the Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, the allotment has to be completed within a period of fifteen days from the date of the Shareholders' Approval. Accordingly, the Shareholders' Approval shall cease to be valid on July 08, 2011. In the event that the Bank wishes to undertake a further issue of equity shares by way of preferential allotment, the Bank shall obtain a fresh shareholders' approval as per the provisions of Section 81(1 A) of the Companies Act, 1956, as amended.
(As Per BSE Announcement Website dated on 08.07.2011)
Dhanlaxmi Bank Ltd has submitted to BSE a copy of the proceedings of the 84th Annual General Meeting (AGM) of the Bank held on June 22, 2011.
(As Per BSE Announcement Dated on 16.07.2011) |
| 15-Jul-10 |
| AGM 15.07.2010
Dhanalakshmi Bank Ltd has informed BSE that the shareholders at the 83rd Annual General Meeting (AGM) of the Bank held on July 15, 2010, have:
1. Passed the Special Resolution for Changing the name of the Bank from the present 'The Dhanalakshmi Bank Ltd' to 'Dhanlaxmi Bank Ltd'.
2. Passed the Special Resolution for issue of not exceeding 2.10 crore equity shares by way of Qualified Institutional Placement (QIP) to Qualified Institutional Buyers (QIBs).
The Board of Directors of the Bank at its meeting held on May 11, 2010 has recommended 10% dividend, subject to the approval of RBI. Shareholders of the Bank at its 83rd Annual General Meeting held on July 15, 2010 has passed resolution for a dividend of 10% or such other lower rate as the RBI may permit.
(As Per BSE Announcement Dated on 15.07.2010)
Dhanalakshmi Bank Ltd has informed BSE that the Annual General Meeting (AGM) of the Bank was held on July 15, 2010.
(As Per BSE Announcement Dated on 12.08.2010) |
| 31-Jul-09 |
| AGM 31.07.2009
Dhanalakshmi Bank Ltd has informed BSE that Mr. Ghanshyam Dass and Mr. Sateesh Kumar Andra have been appointed as Director liable to retire by rotation at the Annual General Meeting of the Bank held on July 31, 2009.
(As Per BSE Announcement Website dated on 12.08.2009)
Dhanalakshmi Bank Ltd has informed BSE that the members at the 82nd Annual General Meeting (AGM) of the Bank held on July 31, 2009, inter alia, have accorded the following:
1. Adoption of the Balance Sheet of the Bank as on March 31, 2009 and the Profit & Loss Account for the year ended March 31, 2009 annexed thereto and the Report of the Auditors with the Directors Report attached thereto and the appropriation of profits stated therein.
2. Declaration of dividend at the rate of 10% on the paid up capital of the Company.
3. Appointment of Mr. K Srikanth Reddy as Director of the Company.
4. Appointment of M/s. Walker Chandiok & Co., New Delhi and M/s Shah Guita & Co., Mumbai as Joint Statutory Auditors of the Bank upto the conclusion of the next Annual General Meeting, on remuneration, terms & conditions.
5. Authority to the Board to appoint as Branch Auditor of any branch office of the Bank, in consultation with the Bank's Auditors, on remuneration, terms & conditions.
6. To delete the Article 64 of the Articles of Association of the Company and substitute with new Article.
7. Accorded approval to the Dhanalakshmi Bank Limited Employees Stock Option Scheme 2009 ('ESOP Scheme'), subject to necessary provisions and approvals.
8. To appoint Mr. Ghanshyam Dass& Mr. Sateesh Kumar Andra as Directors of the Company whose period of directorship shall be liable to determination by retirement of Directors by rotation.
9. The Chairman declared that the motion for appointment of Mr. T S Rajamany as Director, as defeated by a substantial majority of votes and accordingly announced that Mr. T S Rajamany is not elected by the meeting as a Director of the Bank
(As Per BSE Announcement Website dated on 25.08.2009) |
| 27-Sep-08 |
| AGM 27/09/2008
Dhanalakshmi Bank Ltd has informed BSE that the following changes in the Board of Directors, at the Annual General Meeting held on September 27, 2008:
1. Mr. D Lakshminarayanan and Mr. Suresh Balasubramanian, Directors have retired by rotation.
2. Mr. K Srikanth Reddy, Mr. Shailesh V Haribhakti and Mr. S Santhanakrishnan, who were appointed as Additional Directors during the year have been appointed as Directors whose period of office is liable to determination by retirement of Directors by rotation.
(As per BSE Announcement dated on 29/09/2008)
Dhanalakshmi Bank Ltd has informed BSE that the members at the 81st Annual General Meeting (AGM) of the Bank held on September 27, 2008, inter alia, have accorded the following:
1. Adoption of the Balance Sheet of the Bank as on March 31, 2008 and the Profit & Loss Account for the year ended March 31, 2008 annexed thereto and the Report of the Auditors dated June 06, 2008 with the Directors Report dated July 26, 2008 attached thereto and the appropriation of profits stated therein.
2. Declaration of dividend at the rate of 5% on the paid up capital of the Company.
3. Appointment of M/s. P B Vijayaraghavan & Co., Chartered Accountants, Chennai, as the Statutory Auditors of the Bank up to the conclusion of the next Annual General Meeting of the Bank, on remuneration, terms & conditions.
4. Authority to the Board to appoint, in consultation with the Bank's whether existing or which may be opened thereafter, on remuneration, terms & conditions.
5. The maximum number of Directors of the Bank be and is hereby fixed at 11 (Eleven).
6. Authority to the Board for acquiring shares of the Bank by permitted foreign investors including Foreign Institutional Investors (FIIs) and Non Resident Indians (NRIs) by purchase or acquisition on the recognized stock exchanges, subject to the condition that the aggregate holding of FIIs shall not exceed 49% of the paid up equity share capital of the Bank and that of NRIs shall not exceed 24% of the paid up equity share capital of the Bank, from time to time.
(As Per BSE Announcement Website dated on 17.10.2008) |