abhishreshthaa
Abhijeet S
VOTING RIGHTS :
In terms of the Provisions of Banking companies (Acquisition and Transfer of Undertaking) Act, 1980, no shareholder of the corresponding new Bank, other than the Central Government, shall be entitled to exercise voting rights in respect of any shares held by him/her in excess of one percent of the total voting rights of all the share holders of the corresponding new Bank.
Each shareholder who has been registered on the date of the closure of the Register prior to the date of the AGM shall, at such meeting, have one vote on show of hands and in case of poll shall have one vote for each share held by him. This voting right may be enforced in person or through proxy / representative.
But a proxy so appointed shall not have any right to speak at the meeting.
Shareholders may kindly note that no gifts / coupons will be distributed at the A.G.M
In terms of the Provisions of Banking companies (Acquisition and Transfer of Undertaking) Act, 1980, no shareholder of the corresponding new Bank, other than the Central Government, shall be entitled to exercise voting rights in respect of any shares held by him/her in excess of one percent of the total voting rights of all the share holders of the corresponding new Bank.
Each shareholder who has been registered on the date of the closure of the Register prior to the date of the AGM shall, at such meeting, have one vote on show of hands and in case of poll shall have one vote for each share held by him. This voting right may be enforced in person or through proxy / representative.
But a proxy so appointed shall not have any right to speak at the meeting.
Shareholders may kindly note that no gifts / coupons will be distributed at the A.G.M