Last checked at 10 Aug 2012 11:35
THE
FEDERAL BANK LTD
REG: OFFICE :ALWAYE
PB NO 103. KERALA PHONE DIRECT STD 0484/ 2622263, FAX 2622283
INDIA PIN 683 101 PBX 2623621 TO 2623629 EXT 327 & 362
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REF: SD/F-24/ /2012 Secretarial Department
02 August,2012
The London Stock Exchange Ltd.
London
Dear Sir,
Reg. : 81st Annual General Meeting held on 02 August,2012
The shareholders in the 81st Annual General Meeting held on 02 August,2012 have approved the following resolutions that were indicated in the notice to shareholders.
1.RESOLVED that the Audited Balance Sheet of the Bank as at 31 March 2012 and the Profit and Loss Account for the period ended on that date, together with the reports of the Board of Directors and the Auditors thereon be and the same are hereby received, considered and adopted.
2. RESOLVED that a dividend at the rate of 90%, on the paid-up capital be and is hereby declared for the year ended 31 March 2012 to be paid to the eligible shareholders of the Bank.
3.RESOLVED that Prof. Abraham Koshy, who retires by rotation and being eligible for re-appointment be and is hereby re-appointed as a Director on the Board of Directors of the Bank liable to determination by retirement of directors by rotation on the Board of Directors of the Bank.
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4.RESOLVED that DR.M.Y.Khan, who retires by rotation and being eligible for re-appointment be and is hereby re-appointed as a Director on the Board of Directors of the Bank liable to determination by retirement of directors by rotation on the Board of Directors of the Bank.
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5.RESOLVED that M/s. Deloitte Haskins & Sells, Chennai, M.P.Chitale & CO,Mumbai Chartered Accountants be and are hereby appointed as Joint Central Statutory Auditors of the Bank for the financial year ending 31 March 2013, to hold office until the conclusion of the next Annual General Meeting of the Bank, as approved by Reserve Bank Of India and that the Board of Directors be and is hereby authorised to fix the auditor's remuneration for the purpose.
6..RESOLVED that the Board of Directors be and is hereby authorized to arrange for the audit of the Bank's branches for the accounting year 2012-13 and to appoint and fix the remuneration of branch auditors in consultation with the Central Statutory Auditors for the purpose.
Yours faithfully,
COMPANY SECRETARY