Andhra Bank
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Toll Free Number : 1800 425 1515

 
AGMs / Notices / Information to Shareholders
 
Minutes of Andhra Bank - 13th Annual General Meeting Held on 22.07.2013.
 
NOTICE TO SHAREHOLDERS
 

As you know the Bank had declared dividend every year since the Initial Public Offer in 2000-01.  The dividend warrant/s was/were dispatched to the shareholders at their respective registered address.  As per the records available with us, some of the dividend warrants stand unencashed / unclaimed.

In terms of the Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006 (which has come into force from 16.10.2006), the dividends remaining unpaid with the Bank for a period of seven years from the date of declaration of dividend, are liable to be transferred to Investors’ Education and Protection Fund (IEPF), being maintained by Government of India, established under sub-section (1) of Section 205C of the Companies Act, 1956.

In line with the above Government guidelines, the Bank has to transfer the dividend amounts pertaining to such unencashed dividend warrants of the years from 2000-01 to 2005-06 by October 2013, to IEPF.

The details of dividends paid by the Bank during the years from 2000-01 to 2012-13 are as under :


Sl.No.
Dividend for the period
Dividend pay-out date
Rate of dividend
Dividend per share ( in Rs.)
1.
2000-01
03.08.2001
10.00%
1.00
2.
2001-02
02.07.2002
14.00%
1.40
3.
2002-03
20.06.2003
24.00%
2.40
4.
2003-04 Interim
29.12.2003
14.00%
1.40
5.
2003-04 Final
28.05.2004
14.00%
1.40
6.
2004-05 Interim
25.02.2005
15.00%
1.50
7.
2004-05 Final
26.05.2005
15.00%
1.50
8.
2005-06
26.05.2006
35.00%
3.50
9.
2006-07-Interim
30.03.2007
20.00%
2.00
10.
2006-07-Final
05.07.2007
18.00%
1.80
11.
2007-08-Interim
27.03.2008
20.00%
2.00
12.
2007-08-Final
02.07.2008
20.00%
2.00
13.
2008-09
03.07.2009
45.00%
4.50
14.
2009-10
28.06.2010
50.00%
5.00
15.
2010-11
29.06.2011
55.00%
5.50
16.
2011-12
11.07.2012
55.00%
5.50
17.
2012-13
29.07.2013
50.00%
5.00
TOTAL
474.00%


In view of the above, the Bank hereby requests all the shareholders to verify their Bank accounts for the credit of respective dividend amounts.  If any credits are found to be missing, please contact us before 31stAugust 2013 for the same.

Our phone no. 040-23252371
Our fax no. 040-23230883
Our e-mail id mbd@andhrabank.co.in
Our address The Company Secretary
Andhra Bank
Merchant Banking Division
Head Office:Dr.Pattabhi Bhavan
5-9-11, Saifabad
Hyderabad – 500 004.


( T.R.Ramabhadran)
Deputy General Manager
Company Secretary
 
Notice of Record Date

Pursuant to Regulation 12 of Andhra Bank (Shares and Meetings) Regulations, 2003, Notice is hereby given that the CUT-OFF DATE (RECORD DATE) has been fixed as Friday, 30th January, 2015, for the purpose of ascertaining shareholders entitled to participate (nominate, contest and vote) in the election of Shareholder Directors at the Extraordinary General Meeting of the Bank to be convened on Thursday, the 12th March, 2015, for the purpose of electing Directors from amongst shareholders of the Bank other than Central Government as per Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.
 
N O T I C E

Pursuant to Clause 41 of the Listing Agreement with the Stock Exchanges, Notice is hereby given that a Meeting of the Board of Directors of the Bank is scheduled to be held on FRIDAY, the 30thDAY OF JANUARY, to inter-alia, consider and approve the Unaudited Financial Results of the Bank for the Quarter ended 31st December, 2014.

Place: HYDERABAD
Date: 17.01.2015
( Y. AMARNATH )
DY. GENERAL MANAGER & COMPANY SECRETARY
 
Intimation of Dividend and Annual General Meeting of the Bank for 2012-13

The Board of Directors of the Bank at its meeting held on 02.05.2013, has recommended a Dividend of Rs.5.00 ps. per share (@ 50%) for the Financial Year 2012-13 to be paid to the Shareholders whose name appear in the Register of Members as on 13th July, 2013 and the Beneficiary position as on that date.

The Thirteenth Annual General Meeting of shareholders of the Bank shall be held on Monday, July 22nd, 2013, at 4.00 p.m. at Ravindra Bharathi, Saifabad, Hyderabad-500 004.

The Share Transfer Books shall be closed for a period of 5 days (Five days) from 15th July, 2013 to 19th July, 2013 (both days inclusive) for the purpose of payment of dividend and also to determine the Shareholders eligible to attend the Annual General Meeting of the Bank.

The Dividend Payout for the Financial Year 2012-13 shall be on 29.07.2013.

 Notice
 

Bank's Code of Conduct for Board of Directors & Senior Management

 
 Unaudited Financial Results of the Bank for the Quarter ended June 30th, 2012
Pursuant to Clause 41 of the Listing Agreement entered with the Stock Exchanges, Notice is hereby given that a meeting of Board of Directors of the Bank is scheduled to be held on Monday, the 6th day of August, 2012, inter-alia, to consider and approve the Unaudited Financial Results of the Bank for the quarter ended 30th June, 2012.
 
 Dividend payment details:
  • The Board of Directors of the Bank in its meeting held on 07.05.2012 recommended a dividend of Rs.5.50p. per share (@ 55%) for the Financial Year 2011-12.

  • The Record date for payment of dividend is..28th June 2012 .. The dividend will be paid to the shareholders whose name appear in the Register of Members as on 28.06.2012.

  • The Share Transfer Books shall be closed for a period of 6 days from 29th June, 2012 to 4th July, 2012 (both days inclusive) for the purpose of payment of dividend and also to determine the shareholders eligible to attend the Annual General Meeting of the Bank

  • The dividend payout date for the Financial year 2011-12 is 11.07.2012
 
 Green Initiatives’ – Communication to shareholders
 

Dear Sir,

Sub: ‘Green Initiatives’ – Communication to shareholders

The Ministry of Corporate Affairs vide its circular dated April 21st, 2011, has come up with a Green Initiative of permitting the service of documents upon the shareholders through e-mail or other permissible electronic modes instead of physical mode after the discontinuance of mode of ‘Under Certificate of Posting’ by the Postal Authorities and as a directional approach towards the IT Revolution.

As per the above notification, your Bank wishes to send the soft copy of the Annual Report for the Financial Year 2011-12 through e-mail.

We hereby seek your consent to send the Annual Report, other Notices, etc. pertaining to the shareholders to your e-mail id instead of physical copies.

All the shareholders holding shares in physical form are requested to send their consent either through e-mail or by post to us at the following address, duly informing their e-mail ids for the purpose.

our e-mail id: mbd@andhrabank.co.in

our address : The Company Secretary
Merchant Banking Division
Andhra Bank
Head Office:Dr.Pattabhi Bhavan
5-9-11, Saifabad
Hyderabad - 500 004.

The shareholders holding shares in electronic form are requested to furnish their e-mail ids to their respective Depository Participants(DP) with whom they are holding the demat account for the above purpose.

Please note that whoever do not opt for electronic mode of information or whose e-mail ids are not registered or updated would be served information in the matter as provided in Section 53 of the Companies Act, 1956.

 
(T.R.Ramabhadran)
Deputy General Manager
Company Secretary
 
 Andhra BankHead Office - Hyderabad


NOTICE is hereby given that, pursuant to the notice dated 2nd February 2012, in terms of Regulations 56 & 57 of Andhra Bank (Shares and Meetings) Regulations, 2003, the following valid nominations have been received for Election of Three Directors from amongst the shareholders of the Bank (other than the Central Government). The Nomination Committee of the Board at its meeting held on 22nd February, 2012 have also found them to be Fit & Proper in terms of Circular issued by Reserve Bank of India in this regard.

Sl No
Name of the Candidate
Address
1.
Sri G R Sundaravadivel
16, (Old No.26), Agasthiar Street, Gandhinagar, Saligramam, Chennai 600 093.
2.
Sri Kailasam Raghuraman
M-6, 1st Floor, Lajpat Nagar –II, New Delhi 110024.
3.
Sri Nandlal L Sarda
A-5, Bungalow, Near Main Gate, IIT Powai, Mumbai 400 076.


As the number of valid nominations received by the Bank is the same as the number of vacancies, in terms of Regulation 66 of the Andhra Bank (Shares and Meetings) Regulations, 2003, the aforesaid three candidates are deemed to be elected as Directors, from amongst the shareholders of the Bank (other than Central Government).

In terms of Clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980 they will assume office from 14th March 2012 and their term of office will be for a period of three years, i.e. till 13th March 2015.

Accordingly, the Extraordinary General Meeting to be held on 5th March, 2012, only for the purpose of Election of Directors from amongst the shareholders of the Bank (other than Central Government) stands CANCELLED.

 


Place: Hyderabad
Date: 23rd February 2012

B.A PRABHAKAR
Chairman & Managing Director