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Indian Overseas Bank share news, announcements and annual reports

NSE: IOBBSE: 532388BanksMid Cap

Face value ₹10 · Listed Dec 2000
Last close ₹29.02down ₹0.16 (0.55%)BSE ₹29.02

Share price at the NSE close on 28 Oct 2026. Previous close ₹29.18.

28 Oct: open ₹29.18, high ₹29.26, low ₹28.66

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Market cap
₹55,883 Cr163rd largest listed
P/E
8.39
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Nonein the last 12 months
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Net NPA
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Volume, NSE
29,40,30738.5% delivered

Indian Overseas Bank board and management

140 filed, newest first. Page 3 of 3.

  1. Apr 2013

    • 8 Apr · Management

      Shri. K. Ananda Kumar, Officer Employee Director, has demitted his office on March 25, 2013 on completion of his term. Hence he ceased to be a director on the Company's Board.
  2. Jan 2013

  3. Nov 2012

    • 5 Nov · Management

      Shri Sooraj Prakash Khatri who was appointed as part-time non-official Director for the second term on the Board of Directors of the Bank for a period of 3 years from the date of Notification (i.e. October 26, 2009) has ceased to be Director with effect from October 26, 2012 consequent to expiry of his term on October 25, 2012.
  4. Apr 2012

    • 20 Apr · Management

      Shri A. Vellayan, Shareholder Director, has demitted his office on March 30, 2012. Hence he ceased to be a Director on the Board.
  5. Jan 2012

    • 3 Jan · Management

      Smt Nupur Mitra, Executive Director, has demitted her office on October 31, 2011. Hence she ceased to be a Director on the Company's Board.
    • 2 Jan · Management

      The Government of India, vide its notification dated 28th December 2011 and in exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Mr. A.D.M Chavali as Executive Director of our Bank with effect from the date of his taking over charge of the post i.e. 28.12.2011. He shall, as per the notification, hold office up to 31.10.2014 i.e. the date of his superannuation or until further orders, whichever is earlier
  6. Nov 2011

    • 7 Nov · Management

      Government of India, vide its notification dated November 01, 2011, and in exercise of the powers conferred by sub-section 3(g) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (b) of clause 9(2) of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, The Central Government, after consultation with the Reserve Bank of India, has nominated Shri Niranjan Kumar Agarwal, as Part-Time non official Director under Chartered Accountant category on the Board of the Bank from November 01, 2011 (being the date of GOI Notification), for a period of three years from the date of notification of his appointment or until further orders, whichever is earlier.
  7. Sep 2011

    • 12 Sep · Management

      Government of India, vide its notification dated August 29, 2008 and in exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri B V Appa Rao as part-time non-official director of the Bank, with effect from August 29, 2008 (being the date of GOI Notification) for a period of three years from the date of notification of his appointment or until further orders, whichever is earlier. On expiry of his tenure as Director on August 28, 2011, Shri B V Appa Rao has retired from the Board.
  8. Aug 2011

    • 4 Aug · Management

      Government of India, vide its notification dated July 22, 2011 and in exercise of the powers conferred by clause (b) of sub-section (3) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Dr. Alok Pande, (Director, Department of Financial Services) as Director of the Bank in place of Dr. Vinita Kumar with effect from July 22, 2011 (being the date of GOI Notification).
  9. Dec 2010

    • 7 Dec · Management

      Consequent to retirement of compliance officer Shri K Sundar Rajan, General Manager from the bank on superannuation, Shri A P Singh, General Manager & Company Secretary has been appointed as the Compliance Officer of our Bank with effect from 01.12.2010
  10. Nov 2010

    • 1 Nov · Management

      Government of India, vide its notification dated September 01, 2010 and in exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Shri. M Narendra (Executive Director, Bank of India) as Chairman and Managing Director of the Bank with effect from the date of his taking over charge of the post i.e. November 01, 2010. He shall, as per the notification, hold office upto July 31, 2014 i.e. the last day of the month in which he would attain the age of superannuation or until further orders, whichever is earlier. Further, Shri. S A Bhat has ceased to be the Chairman and Managing Director of the Bank with effect from October 31, 2010.
  11. Oct 2010

    • 15 Oct · Management

      Changes in the Central Statutory Auditors of the Bank for the year 2010-11 : (1) Retiring Auditors : M/s.Om Agarwal & Co., B-1,Subh Labh Apartments, D-37, Subhash Marg, Near Ahinsa Circle, C-Scheme, Jaipur 302001; (2) Incoming Auditors : M/s. S R Mohan & Co., IIIrd Floor, North Block, Raghava Ratna Towers, Chirag Ali Lane, Hyderabad 500001.
  12. Sep 2010

    • 13 Sep · Management

      Government of India, vide its notification dated September 01, 2010 and in exercise of the powers conferred by clause (a) of the sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 and sub clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Shri A K Bansal, presently General Manager, Union Bank of India as Executive Director, Indian Overseas Bank, with effect from the date of his taking over charge of the post and up to May 31, 2013 i.e. the last day of month in which he would attain the age of superannuation or until further orders, whichever is earlier. The Executive Director has since taken charge on September 01, 2010.
    • 3 Sep · Management

      Shri. Y L Madan, Executive Director, has demitted his office on August 31, 2010 on his superannuation. Hence he ceased to be a Director on the Board.
  13. Aug 2010

    • 11 Aug · Management

      Government of India, vide its notification dated August 09, 2010 and in exercise of the powers conferred by sub-section 3(e) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) and (2) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Shri Sridhar Lal Lakhotia, Special Assistant, Indian Overseas Bank, as Workmen Employee Director of the Bank with effect from August 09, 2010 (being the date of the notification) for a period of three years from the date of notification or until he ceases to be a workmen employee of the Indian Overseas Bank or until further orders, whichever is the earliest.
    • 6 Aug · Management

      The Government of India, vide its notification dated 30th July 2010 and in exercise of the powers conferred by clause (c) of sub-section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri S V Raghavan as director of our Bank with effect from 30.07.2010 (being the date of the notification) in the place of Smt. Chitra Chandramouliswaran, until further orders. Accordingly, Smt. Chitra Chandramouliswaran, has ceased to be a director with effect from 29.07.2010
  14. May 2010

  15. Mar 2010

    • 30 Mar · Management

      Government of India, vide its notification dated March 26, 2010 and in exercise of the powers conferred by sub-section 3(I) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) and (2) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri K Ananda Kumar, Senior Manager, Indian Overseas Bank, as Officer Employee Director of the Bank with effect from March 26, 2010 (being the date of the notification) for a period of three years from the date of notification or until he ceases to be an officer of the Indian Overseas Bank or until further orders, whichever is the earliest.
  16. Jan 2010

    • 28 Jan · Management

      Auditors Remarks and Management Response, vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31, 2009 (taken on record by the Board of Directors of the Bank at its meeting held on January 28, 2010). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  17. Dec 2009

    • 11 Dec · Management

      The Government of India, vide its notification dated 7th December 2009 and in exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 and sub-clause (1) of Clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Mrs.Nupur Mitra as Executive Director of our Bank with effect from the date of her taking over charge of the post i.e. 07.12.2009. She shall, as per the notification, hold office upto 31.12.2012 i.e. the date of her superannuation or until further orders, whichever is earlier.
  18. Nov 2009

    • 3 Nov · Management

      The Government of India, vide its notification dated 26th October 2009 and in exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri Sooraj Prakash Khatri as part-time non-official director of our Bank with effect from 26.10.2009 (being the date of the notification) for a second term of three years from the date of notification of his appointment or until further orders, whichever is earlier
    • 3 Nov · Management

      That "Shri G Narayanan, Executive Director, has demitted his office on October 31, 2009 on his superannuation. Hence he ceased to be a Director on our Board".
  19. Oct 2009

    • 16 Oct · Management

      Details of changes in the Central Statutory Auditors of the Bank for the year 2009-10 as given below: Retiring Auditors: (1) M/s. Vaithisvaran & Co., 5th Trust Cross Street, Mandavellipakkam Chennai - 600 028. (2) M/s. Maharaj N R Suresh & Co., No. 9 (Old No.5) II Lane, II Main Road, Trustpuram, Kodambakkam, Chennai - 600 024. Incoming Auditors: (1) M/s. M Bhaskara Rao & Co., 5-D, 5th Floor, "Kautilya", 6-3-652 Somajiguda, Hyderabad - 500 082. (2) M/s. Mittal Gupta & Co., 14 Ratan Mahal, 15/97 Civil Lines, Kanpur 208 001.
    • 1 Oct · Management

      Shri J.D.Sharma, Officer Employee Director, who was appointed as officer employee Director by Govt.of India(GOI) on 09.03.2006 vide GO No. F.NO.9/49/2005-BO-I dt.09.03.2006, continued in his office on expiry of his term of three years (i.e. from 08.03.2009) as his successor was not nominated, as per terms of appointment. As per notification of GOI dated 15.09.2009, the existing provision of Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970/1980, relating to the term of office of the Officer Employee Director / Workmen Employee Director is amended to the effect that the existing Officer / Employee directors will cease to be directors after completion of three years tenure and will not continue thereafter until their Successors have been nominated. Accordingly, Shri J.D.Sharma, Officer Employee Director who has completed his term of office, has ceased to be a director with effect from 29.09.2009
  20. Feb 2009

    • 12 Feb · Management

      As per the Government of India Notification dated 07.02.2006, the Govt of India in exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, nominated Shri M N Kandaswamy as part-time non-official director of our Bank with effect from 07.02.2006 (being the date of the notification) for a period of three years. On expiry of his tenure as Director on 06.02.2009, Shri M N Kandaswamy has retired from our Board
  21. Jan 2009

    • 2 Jan · Management

      Changes in the Central Statutory Auditors of the Bank for the year 2008-09 : Retiring Auditors:- (1) M/s. S K Singhania & Co., (2) M/s S R R K Sharma Associates, (3) M/s. R S Sipayya & Co.; Incoming Auditors:- (1) M/s. Varma & Varma, (2) M/s. PKF Sridhar & Santhanam, (3) M/s. Bhaskaran & Ramesh.
  22. Dec 2008

    • 16 Dec · Management

      As per the Government of India Notification dated 09.12.2005, the Govt. of India in exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, nominated Shri Sooraj Khatri as part-time non-official director of our Bank with effect from 09.12.2005 (being the date of the notification) for a period of three Years. On expiry of his tenure as Director on 08.12.2008 , Shri Sooraj Khatri has retired from our Board
    • 15 Dec · Management

      Shri M N Venkatesan, who was elected as a Shareholder Director at the Extraordinary General Meeting of the Bank held on November 30, 2005 and assumed office on December 08, 2005 for a term of office of 3 years, ceased to be a Director w.e.f. December 08, 2008, on the expiry of his term of office.
  23. Sep 2008

    • 2 Sep · Management

      The Government of India, vide its notification dated 29th August, 2008 and in exercise of the powers conferred by sub-section 3(h) and (3-A) of section 9 of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980 read with sub-clause (1) of clause 3 of the Nationalised Banks ( Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri B V Appa Rao as part-time non-official director of our Bank with effect from 29.08.2008 (being the date of the notification) for a period of three years from the date of notification of his appointment or until further orders, whichever is earlier
  24. Jun 2008

    • 11 Jun · Management

      Government of India, vide its notification dated June 10, 2008 and in exercise of the powers conferred by clause (b) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/ 1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Smt. Vinita Kumar, ( Economic Advisor, Department of Financial Services) as Director of our Bank in place of Dr. Shashank Saksena with effect from June 10,2008 (being the date of GOI notification).
  25. May 2008

    • 20 May · Management

      Government of India, vide its notification dated May 16, 2008 and in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/ 1980 read with sub-clause (1) of clause 3, sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Shri Y L Madan presently General Manager, Canara Bank, as a whole time Director (designated as Executive Director) of our Bank with effect from May 16, 2008 (being the date of his taking over charge of the post) and till the date of his superannuation i.e. upto August 31, 2010 or until further orders, whichever is earlier.
  26. Apr 2008

    • 11 Apr · Management

      We give below the details of changes in the Central Statutory Auditors of the Bank for the year 2007-08 for your information and records. Retiring Auditors: M/s. C S Hariharan & Co., Chartered Accountants, Hariharan Building, II Floor, 16/6 College Road, Chennai 600006. Incoming Auditors: M/s. Om Agarwal & Co., Chartered Accountants, B-1 Subh Labh Aptt., D 37 Subash Marg, Near Ahimsa Circle C Scheme, Jaipur 302 001
    • 2 Apr · Management

      Shri A V Dugade, Executive Director, has demitted his office on 31.03.2008 on his superannuation. Hence he ceased to be a Director on our Board
  27. Nov 2007

    • 19 Nov · Management

      The Government of India, vide its notification dated November 7, 2007 and in exercise of the powers conferred by clause (b) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3, sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970/1980, has appointed Shri G Narayanan, General Manager, Bank of India as a whole time Director (designated as Executive Director) of our Bank with effect from November 7, 2007 (being the date of his taking charge of the post) and until further orders or till the date of his superannuation i.e. upto October 31, 2009, whichever is earlier.
  28. Sep 2007

    • 10 Sep · Management

      The Government of India, vide its notification dated 20th August 2007 and in exercise of the powers conferred by clause (b) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970/1980, has nominated Dr Shashank Saksena [Director (AC & Pension). Ministry of Finance, Department of Financial Services, Jeevan Deep Building, New Delhi] as Director of our bank in place of Sri Madhusudan Prasad with effect from 20.08.2007 (being the date of GOI notification) and until further orders
  29. Jun 2007

    • 13 Jun · Management

      The Government of India, vide its notification dated 04th June 2007 and in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (as amended vide Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006) read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970, has appointed Sri S.A.Bhat as Chairman & Managing Director of our Bank with effect from the date of his taking charge of the Bank, i.e. 04.06.2007. He shall, as per the above notification, be holding office until 31.10.2010, i.e., the date of his superannuation and/or until further orders, whichever is earlier. Consequently, Sri T.S.Narayanaswami has ceased to be the Chairman & Managing Director of our Bank
  30. Apr 2007

    • 26 Apr · Management

      "The Government of India, vide its notification dated 20th April 2007 and in exercise of the powers conferred by clause (a) of sub - section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (as amended vide Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006) read with sub-clause (2)(a) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970, has appointed Sri Natesan Sridharan as Workmen Employee Director of our bank in place of Sri Sankaran Srinvasan with effect from 20.04.2007 for a period of three years or until his successor is duly appointed or till he ceases to be a workmen employee of the Bank or until further orders, whichever is earlier." Hence the nomination of Sri Natesan Sridharan as Director in our Bank w.e.f. 20.04.2007 and the retirement of Sri Sankaran Srinivasan on 19.04.2007.
  31. Mar 2007

    • 16 Mar · Management

      Provisions pertaining to the eligible number of shareholder directors on the Boards of Nationalized banks contained in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Nationalized Banks (Management and Miscellaneous Provisions) scheme, 1970 have been amended through The Banking companies (Acquisition and Transfer of Undertakings) and Financial Institution Laws (Amendment) Act, 2006(notified by the Central Government by way of Extraordinary Gazette dated 26.09.2006, which came into force from 16.10.2006) read with the Nationalized Banks (Management and Miscellaneous Provisions) (Amendment) scheme, 2007 (issued by the Central Government, by way of an Extraordinary Gazette Notification dated 19 02 2007 which came into force from 19 02 2007) In terms of the above provisions, the total number of shareholder directors eligible to be on our board, based on the paid up capital held by the public, has become three instead of four under the earlier provision. Accordingly Shri S K Sehgal. one of our shareholder directors, has ceased to be a director from 19 02 2007.
    • 2 Mar · Management

      Change in the Board of Directors as follows: "The Government of India, vide its notification dated 27th February 2007 and in exercise of the powers conferred by clause (c) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 (as amended vide Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment), Act, 2006) read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970/1980, has nominated Smt. Chitra Chandramouliswaran as Director of our bank in place of Sri C.S.Murthy with effect from 27.02.2007 (being the date of GOI notification) and until further orders".
  32. Feb 2007

    • 6 Feb · Management

      We advise the appointment of the following Chartered Accountants as one of the Central Statutory auditors of the bank : (1) Maharaj N R Suresh &Co., New No 9, 2nd Lane,2nd Road, Trustpuram, Chennai 600 024. (2)Vaitheswaran &Co, 32, 5th Trust Cross Street, Mandavelipakkam, Chennai 600 028. The above Central Statutory Auditors held their office till 31.03.2009