• All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
 
• Investors may contact their respective stockbrokers / depository participants for updation of details in their trading / demat account.
 
• The last date to update KYC is March 31, 2022.
 
• Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.
 
• The non-compliant demat accounts will be frozen for debits by Depository Participant or Depository.
 
• On submission of the necessary information to the stockbroker and updation of the same by the stockbroker in the Exchange systems and approval by the Exchange, the blocked trading accounts shall be unblocked by the Exchange on T+1 trading day.
 
• The demat account shall be unfreezed once the investor submits the deficient KYC details and the same is captured by the depository participant in the depository system.
 
• To ensure smooth settlement, investors are requested to ensure that both the trading and demat accounts are compliant with respect to the KYC requirement.
 
• Investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.

Ref: NSDL vide its circular Nos.NSDL/POLICY/2021/0036 dated 07.04.2021, NSDL/POLICY/2021/0051 and further updation of circulars.

Mandatory updation of certain attributes of KYC of all clients, with in the due date of 31.12.2021 for new Accounts and existing accounts. The KYC attributes are;

1. Name
2. Address
3. PAN
4. Valid Mobile Number
5. Valid Email ID
6. Income Range

If your demat and/or trading account is not updated with the above KYC attributes, you are requested to kindly update. Failing which your demat and/ or trading will be suspended.

For further details kindly contact your nearest branches.

Shri. V. Haribabu, DIN: 09523733 , has been co-opted as an Additional Director and been designated as President and Whole Time Director of the Company by the Board of Directors in their meeting held on 28.02.2022 as recommended by the Nomination and Remuneration Committee at its meeting held on 28.02.2022, with effect from 28.02.2022. Shri. V. Haribabu (DIN: 09523733), 54 years, started his carrier as Cashier in Indian Bank in the year 1989 and elevated as Manager in Wealth Management Services/ Indian Bank Treasury in Advisory role during 2009-2013. He has worked in Ind MSME (MSME department of Indian Bank) as vertical Head during 2016-18. He has also worked as CM/BM in Porur and Arni before joining IBMBS.

Shri A.Rajaraman, President and Whole Time Director of the Company, has resigned from the position of President and Whole Time Director of the Company, with effect from the closure of office hours of November 30, 2021, consequent to his repatriation to Indian Bank, parent entity of the Company.

Shri Satish Kumar Kalra, DIN: 01952165), retired ED / MD & CEO (I/C) of Andhra Bank, has been co-opted as an Additional Director on the Board of the company, with effect from 30.11.2021, by the Board vide resolution passed by circulation, passed on 25.11.2021.

Shri Satish Kumar Kalra has been a member on Advisory Board for Banking and Financial Frauds from March, 2020 to August,, 2021. He has served as the Managing Director & CEO of (Additional Charge) in Andhra Bank for 6 months (he was the Whole Time Director / Executive Director in Andhra Bank from Oct 2012 to Aug-2017). He was General Manager (Treasury) in Allahabad Bank. He was a Director on Board on India First Life Insurance Company Limited..

Shri Imran Amin Siddiqui, DIN: 09153707, ), Executive Director, Indian Bank, was co-opted as an Additional Director on the Board of the Company by the Board of Directors at their meeting held on 30.09.2021, Shri Imran Amin Siddiqui assumed charge as Executive Director of Indian Bank on 10th March, 2021. He is an Engineering Graduate from HBTI, Kanpur and a Certified Associate of Indian Institute of Bankers. He started his banking career as a SSI field Officer on 28th December, 1987. He is having a diversified experience of more than 33 years in the field of banking. He has business development background which comes from his strategic positioning as Zonal Manager and Field General Manager in the field for almost 07 years put together in different zones like Kolkata Urban, Barasat and has headed the entire West Bengal and all of the North East states as Field General Manager. He has also worked in various verticals at the administrative offices. At the Corporate level, he has steered the Credit Department and Credit Monitoring Department with his expertise. He was heading the Resources and Government Relationship department at Corporate Office, Chennai before his elevation. Shri Satish Kumar Kalra has been a member on Advisory Board for Banking and Financial Frauds from March, 2020 to August,, 2021. He has served as the Managing Director & CEO of (Additional Charge) in Andhra Bank for 6 months (he was the Whole Time Director / Executive Director in Andhra Bank from Oct 2012 to Aug-2017). He was General Manager (Treasury) in Allahabad Bank. He was a Director on Board on India First Life Insurance Company Limited..