Karnataka Bank 102nd AGM E-Voting Results Declared
Karnataka Bank announced the results of the e-voting conducted during its 102nd Annual General Meeting (AGM) held on September 22, 2026. The scrutinizer's report confirmed the successful passing of all resolutions. Key resolutions approved by shareholders included the adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, and the declaration of a final dividend for the same period. Shareholders also approved the re-appointment of Mr. B R Ashok and the appointments of Mrs. Biji Sreekrishnavilas Sankaranarayanan as Executive Director, Dr. M Aruna Shyam, and Mr. Parthasarathi Periaswamy as Non-Executive, Independent Directors. Additionally, the appointment of M/s. Batliboi & Purohit as Joint Statutory Auditor was approved. All resolutions received significant shareholder support, with most passing with over 99% votes in favour, indicating strong approval for the Bank's proposals.
Key Highlights
- 102nd AGM e-voting results declared on September 22, 2026.
- All resolutions proposed at the AGM were successfully passed.
- Shareholders approved FY26 financial statements and final dividend.
- Appointments of new directors and re-appointment were approved.
- M/s. Batliboi & Purohit appointed as Joint Statutory Auditor.
Price Impact
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