Indian Overseas Bank has submitted a regulatory compliance filing to the Securities and Exchange Board of India (SEBI) under the Substantial Acquisition of Shares and Takeovers (SAST) Regulations. The filing declares the government's substantial shareholding position in the public sector bank as of March 31, 2026.
Government Shareholding Declaration
According to the SEBI filing dated April 6, 2026, the President of India, acting as the bank's promoter, held 92.44% of the bank's equity shares as on March 31, 2026. This substantial shareholding reflects the government's controlling interest in the public sector banking institution.
Parameter: Details Promoter: President of India Shareholding Percentage: 92.44% Reference Date: March 31, 2026 Filing Date: April 6, 2026
Regulatory Compliance Details
The bank's compliance filing was submitted under Regulation 31(4) and 31(5) of SEBI SAST Regulations, 2011. The document was filed simultaneously with both major stock exchanges where the bank's shares are listed.
Stock Exchange Filing Information
Exchange: Details BSE Scrip Code: 532388 NSE Scrip Code: IOB Reference Number: IRC/15/2026-27
Encumbrance Declaration
The bank declared on behalf of its promoter that no encumbrances were made, either directly or indirectly, during the financial year 2025-26. This declaration covers both the promoter and persons acting in concert, ensuring transparency in shareholding arrangements.
The filing was signed by Raghuram Mallela, Deputy General Manager and Company Secretary & Compliance Officer, demonstrating the bank's commitment to regulatory compliance and corporate governance standards. This periodic disclosure ensures market transparency regarding the government's ownership structure in the public sector bank.
Indian Overseas Bank has submitted its quarterly compliance certificate to the Bombay Stock Exchange and National Stock Exchange for the quarter ended 31st March 2026. The certificate confirms the bank's adherence to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.
Regulatory Filing Details
The compliance certificate was filed on 6th April 2026 by Raghuram Mallela, Deputy General Manager and Company Secretary of Indian Overseas Bank. The document was addressed to both major stock exchanges where the bank's shares are listed.
Exchange Details: Information BSE Scrip Code: 532388 NSE Scrip Code: IOB Filing Date: 6th April 2026 Reference Number: IRC/16/2026-27
Registrar and Transfer Agent Confirmation
Cameo Corporate Services Ltd, serving as the bank's Registrar and Transfer Agent, issued the compliance certificate on 3rd April 2026. The RTA confirmed that all securities received from depository participants for dematerialisation during the quarter ended 31st March 2026 were properly processed according to regulatory requirements.
The certificate validates several key compliance aspects:
Securities received for dematerialisation were confirmed to depositories within stipulated timeframes
All securities comprised in certificates have been listed on stock exchanges where existing securities are traded
Security certificates received for dematerialisation were properly mutilated and cancelled after verification
Depository names were substituted in the register of members as registered owners within regulatory time limits
Corporate Governance Compliance
This quarterly filing represents part of Indian Overseas Bank's ongoing commitment to regulatory compliance and corporate governance standards. The SEBI (Depositories and Participants) Regulations, 2018 require listed companies to submit such certificates confirming proper handling of dematerialisation processes and maintenance of shareholder records.
The submission ensures transparency in the bank's share transfer and dematerialisation operations, providing assurance to investors and regulatory authorities about proper adherence to established procedures for securities handling and record maintenance.
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