Please find enclosed a copy of Annual Report for the FY 2025-26

Registered Office : 1" Floor, Khivra] Complex 1 No. 480, Anna Salai, Nandanam, Chennai 600 035 Phone : 24313094 to 97 Fax : 24313093 (A Subsidiary of Indian Bank) Email : registered@indbankonline.com CIN No. L65191TN1989PLC017883 Ref: Sec/2026-27 August 28, 2026 BBoommbbaayy SSttoocckk EExxcchhaannggee LLiimmiitteedd NNaattiioonnaall SSttoocckk EExxcchhaannggee ooff IInnddiiaa LLttdd PPhhiirroozzee JJeeeejjeeeebbhhooyy TToowweerrss EExxcchhaannggee PPllaazzaa,, BBaannddrraa KKuurrllaa CCoommpplleexx DDaallaall SSttrreeeett,, MMuummbbaaii 440000 000011 BBaannddrraa ((EEaasstt)),, MMuummbbaaii 440000 005511 SSccrriipp CCooddee:: 551111447733 Scrip Code: INDBANK Dear Sir/Madam, Sub: Submission of Annual Report as per Reg. 34 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Annual Report of the Company along with the Notice of 37th AGM for FY 2025-26. A copy of the Annual Report is also available on the Company’s website and the link is as given below. https://www.indbankonline.com/wp-content/uploads/2026/08/Annual-report.pdf The notice of the AGM and Annual Report for the year 2025-26 is being sent only through electronic mode (by e-mail) to all those members, whose email address are registered with the Company/Depository Participant(s). Further, pursuant to Regulation 36 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a physical letter providing the web link for accessing the Notice of AGM and Annual Report for FY 2025-26 is being sent to those shareholders of the company who have not registered their e-mail address with Company/Depositories. A copy of the letter is also enclosed herewith. Kindly take the above on your records. Thanking you, Yours faithfully, for Indbank Merchant Banking Services Limited Chitra M A Company Secretary and Compliance Officer Encl: a/a (A Sub1idi1ry of lndia.n Bank) BOARD OF DIRECTORS Shri Ashutosh Chaudhury Shri Vaijnath Gavarschety Shri Oevinder Kumar Singla Shri V A Prasanth Smr Padma R Shri Sunil Jain Shri V Haribabu President & Whole Time Director Merchant Banking Services Ltd (A Subsidiary of Indian Bank) CONTENTS Notice to Shareholders - 3 Board’s Report - 11 Secretarial Audit Report - 16 Report on Corporate Governance - 22 Management Discussion & Analysis Report - 36 Comments of the Comptroller and Auditor General of India - 39 Auditors’ Report - 40 Balance Sheet - 51 Profit and Loss Account - 52 Cash Flow Statement - 54 Schedules - 57 @lndbank Merchant Banking Services Ltd (A Subsidiary of Indian Bank) Board of Directors Shri Ashutosh Choudhury Nominee Director - Indian Bank Shri Vaijinath Gavarshetty Independent Director Shri Devinder Kumar Singla Independent Director Shri V A Prasanth Independent Director Smt Padma R Independent Director Shri Sunil Jain Nominee Director - Indian Bank Shri V Haribabu President and Whole Time Director Committees of the Board Audit Committee Shri. Vaijinath Gavarshetty Shri Devinder Kumar Singla Shri V A Prasanth Smt Padma R Shri Sunil Jain Nomination & Remuneration Shri. Vaijinath Gavarshetty Committee Shri Devinder Kumar Singla Shri V A Prasanth Smt Padma R Shri Sunil Jain Stakeholder Relationship Smt Padma R Committee Shri Sunil Jain Shri V Haribabu Chief Financial Officer Shri Tausif Inamdar (upto 18.07.2025) Shri M S Balaji (from 19.07.2025) Company Secretary Smt. Chitra M A Statutory Auditors M/s. Anand & Ponnappan., Chartered Accountants, Chennai Secretarial Auditors M/s. Shanmugam Rajendran & Associates LLP Practising Company Secretaries, Chennai Bankers M/s. Indian Bank Registrar and Share Transfer Agents M/s. Cameo Corporate Services Limited Registered Office First Floor,Khiviraj Complex 1 No.480, Anna Salai, Nandanam Chennai – 600035 Merchant Banking Services Ltd (A Subsidiary of Indian Bank) Terminal Network State Terminal Name Tamil Nadu Ashok Nagar, Annanagar, Nandanam, CMDA, Nanganallur, Adayar, Harbour, Mylapore, Chetpet, Chrompet, Chennai Centralised, Erode, Tirunelveli, Rajapalayam, Salem, Thanjavur, Coimbatore, RS Puram, Madurai, Trichi, Srirangam, Kumbakonam, Tirupur, Vellore Maharashtra Mumbai, Matunga, Thane, Bandra, Pune West Bengal Kolkatta, Kolkatta Main Delhi Delhi, Shantiniketan, Punjabi Bagh Telengana Hyderabad, Secunderabad Andhra Pradesh Guntur, Vijayawada, Visakhapatnam Kerala Ernakulam, Thrissur, Calicut Gujarat Ahmedabad Karnataka Bangalore, Mangalore Puducherry Puducherry Uttar Pradesh Lucknow, Kanpur, Varanasi Odisha Bhubaneshwar Chandigarh Chandigarh Rajasthan Jaipur Madhya Pradesh Indore @lndbank Merchant Banking Services Ltd (A Subsidiary of Indian Bank) NOTICE OF 37th ANNUAL GENERAL MEETING Notice is hereby given that the Thirty Seventh Annual General Meeting of the Company will be held on Thursday, the 24th day of September 2026 at 11.30 AM (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM), to transact the following business: ORDINARY BUSINESS 1. To consider and adopt the audited financial statements of the Company for the financial year ended 31st March, 2026, together with the reports of the board of directors and auditor's thereon. 2. To appoint a director in place of Shri Sunil Jain (DIN: 09665264), Nominee Director, who retires by rotation, and being eligible, offers himself for re-appointment. By Order of the Board for Indbank Merchant Banking Services Ltd. Place : Chennai Sd/- Chitra. M A (A33512) Date : 25-08-2026 Company Secretary and Compliance Officer Merchant Banking Services Ltd (A Subsidiary of Indian Bank) Notes: 1. Annual General Meeting through video conferencing/other audio visual means: MCA (Ministry of Corporate Affairs) vide its circular no.03/2025 dated 22.09.2025, allowed companies to conduct their AGMs through video conferencing (VC) or other audio visual means (OAVM),in accordance with the requirements laid down in paragraphs 3 and 4 of General Circular No.20/2020 dated 05.05.2020. SEBI vide its amendment for regulation 36 of SEBI (LODR) 2015, extended the relaxations in respect of sending physical copies of annual report to shareholders for general meetings held through electronic mode, for listed companies. In compliance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) and MCA circulars, the Company is holding the Annual General Meeting through Video Conferencing (VC). Hence, Shareholders can attend and participate in the AGM through VC/OAVM only. The detailed procedure for participating in the Meeting through VC/OAVM is given in Note No.8. The Company has opted Central Depository Services (India) Limited (“CDSL) for conducting the AGM. In line with the aforesaid SEBI and MCA Circulars, the Notice of AGM along with Annual Report 2025-26 is being sent only through electronic mode to those shareholders whose email addresses are registered with the Company/ Depositories. Shareholder may note that Notice and Annual Report 2025-26 have been uploaded on the website of the Company at www.indbankonline.com. The Notice can also be accessed from the websites of the Stock Exchanges i.e. National Stock Exchange of India Limited and BSE Limited at www.nseindia.com and www.bseindia.com respectively and the AGM Notice is also available on the website of CDSL (agency for providing the Remote e-Voting facility) i.e. www.evotingindia.com. Shareholders holding shares in physical mode may temporarily register their e-mail Ids by clicking on the link https://investors.cameoindia.com or share the particulars by email to agm@cameoindia.com to get the soft copy of the Notice of AGM and the Annual Report. A letter providing the web link for accessing the annual report will be sent to those shareholders of the company who have not registered their email address with the company / depositories. 2. E -voting The voting period begins on Monday, 21st [Showing first 8,000 characters — download PDF for full document]