IDBI BANK LTD. - Announcement under Regulation 30 (LODR)-Change in Directorate

This is to advise that, vide communication dated June 08, 2020, Central Government has nominated Shri Anshuman Sharma, Director, Government of India, Ministry of Finance, Department of Financial Services on the Board of IDBI<BR> Bank Ltd., vice Shri Sudhir Shyam with immediate effect and until further orders. Shri Sudhir Shyam has, hence, ceased to be Government Nominee Director w.e.f. the aforesaid date of Govt. of India''s communication. The appointment of Shri<BR> Anshuman Sharma on the Board as Government Nominee Director is being separately processed under Section 161(3) of the Companies Act, 2013.<BR> You are requested to kindly take the above intimation on record in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015.