NSEDisclosure under SEBI Takeover Regulations19 Jun 2026 · 19 Jun 2026, 01:07 pm
Disclosure under SEBI Takeover Regulations
Indian Overseas Bank · IOB
✦ AI Summary
Indian Overseas Bank (IOB) has filed a disclosure under Regulations 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The announcement states that as of March 31, 2026, the "PRESIDENT OF INDIA," as the bank's promoter, held 92.44% of its equity shares. Crucially, the disclosure confirms that the promoter, along with persons acting in concert, did not encumber (pledge) any equity shares, directly or indirectly, during the financial year 2025-26. This update provides transparency to investors regarding the stable and unencumbered nature of the significant promoter shareholding.
Full Announcement
Indian Overseas Bank has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.