Dhanlaxmi Bank Announces 99th AGM on Sep 23, 2026; To Discuss Annual Report & Appoint Auditors
Dhanlaxmi Bank will hold its 99th AGM on September 23, 2026, via VC/OAVM. The agenda includes adopting the FY26 annual report, appointing auditors M/s. Abraham & Jose and M/s G Natesan & Co. for ₹55 lakh, and approving new directors Sri. Rajan T.K and Sri. T.V Rao. The bank will also seek approval for its ESOP 2025 plan. E-voting is open from Sep 20-22, 2026.
The AGM agenda includes critical corporate governance matters such as director appointments and auditor selections, which have a medium-term impact on the bank's operations and stakeholder confidence.
The announcement is a routine notice for the Annual General Meeting and related board decisions, with no new financial performance indicators or significant strategic shifts disclosed that would strongly influence sentiment.
Dhanlaxmi Bank Limited has announced its 99th Annual General Meeting (AGM) scheduled for Wednesday, September 23, 2026, at 11:00 AM IST, to be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The bank will present the Audited Balance Sheet as of March 31, 2026, and the Profit & Loss Account for the financial year 2025-26, along with the reports of the Board of Directors and Auditors.
Key agenda items for the AGM include the appointment of a Director retiring by rotation, the appointment of Joint Statutory Central Auditors for the financial year 2026-27, with M/s. Abraham & Jose and M/s G Natesan & Co. proposed for the role at a remuneration of ₹55 lakh plus applicable taxes. The shareholders will also vote on authorizing the Board to appoint and fix remuneration for branch auditors.
Furthermore, the meeting will seek approval for the appointment of Sri. Rajan T.K and Sri. T.V Rao as Independent Directors for terms of five years and three years, respectively. The bank also proposes to approve the ‘Dhanlaxmi Bank Limited Employee Stock Option Plan – 2025’ (ESOP 2025), which involves granting employee stock options.
E-voting for the AGM will commence on Sunday, September 20, 2026, at 09:00 AM IST and conclude on Tuesday, September 22, 2026, at 05:00 PM IST. The Register of Members and Share Transfer Books will be closed from Friday, September 18, 2026, to Wednesday, September 23, 2026. The cut-off date for voting rights is Thursday, September 17, 2026.
A plain-language summary of a public exchange filing by Dhanlaxmi Bank Limited. Read the original for the full detail.