Indian Overseas Bank

Indian Overseas Bank

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.