IDBI Bank Dividend Payment 2023: Check Record Date, Taxation And Other Details Of The LIC-Owned Bank

New Delhi: LIC owned IDBI Bank Ltd has announced the record date of dividend payment for the financial year 2022-23.

IDBI Bank dividend of Re 1 per share

In a BSE filing, IDBI Bank said, “In terms of Regulation 42 of the SEBI (LODR) Regulations, 2015, it is notified that the Register of Members and Share Transfer Books of the Bank shall remain closed with effect from Friday, July 07, 2023.”13 Thursday, the 13th July, 2023 (both days inclusive) for the purpose of the 19th AGM of the Bank to be held in July, 2023.”

Further, July 06, 2023 (end of day) shall be the cut-off date for computing the voting rights of the members to be exercised by remote e-voting or by voting at the AGM to be held through VC/OAVM. has been fixed in IDBI Bank said the e-voting period will commence on Saturday, July 08, 2023 (9.00 AM IST) and end on Wednesday, July 12, 2023 (5:00 PM IST).

IDBI Bank Dividend Payment 2023 Record Date

Further, the record date for determining the members eligible for payment of dividend of Re 1 on each equity share of face value of Rs 10 has been fixed as July 06, 2023, subject to approval in the 19th AGM. Edge. Please acknowledge receipt and take the above on record, the bank said in a regulatory filing.

IDBI Bank Q4 Results

IDBI Bank’s fourth quarter results were released in April, which reported a net profit of around Rs 3,645 crore. IDBI Bank earned a total revenue of around Rs 24,941.76 crore (FY22: Rs 22,981.80 crore) and a net profit of around Rs 3,645 crore (Rs 2,439.27 crore) during the last financial year.