The Federal Bank Ltd.

AGM Information • Jul 23, 2014

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RNS Number : 0691N

Federal Bank Ltd (The)

23 July 2014

SD/ F 24/          /2014-15                                                        23rd July 2014

London Stock Exchange

Dear Sir,

Kindly find attached the details of the voting results of the Resolutions passed at the 83rd Annual General Meeting(AGM) of the Bank held on Thursday, the 17th  July 2014, at Mahatma Gandhi Municipal Town Hall, Aluva, Kerala- 683 101 as enclosed as Annexure 1 herewith.

You are requested to kindly take the same in your records.

Thanking You

Yours faithfully,

Girish Kumar G

Company Secretary

Encl: as above

Details of Voting Results

Sr. No	Particulars	Details
1.	Date of AGM	17th July 2014
2.	Total number of shareholders as on record date	80620
3.	No. of persons present in the meeting either in person or through proxy Promoters and Promoter Group Public:	NIL 705
4.	No. of Shareholders attended the meeting through video conferencing Promoters and Promoter Group Public:	Not Applicable Not Applicable

Annexure 1

The mode of voting for all the resolutions was e-voting and poll conducted at the meeting

Resolution No.1-Ordinary resolution

Adoption of financial statement for the year ended March 31, 2014

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
	(1)	( 2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL		NIL	NIL
Public-Institutional Holders	690971792	318611140	46.111	318611140		100	NIL
Public -others	164342993	442631	0.269	442611	20	99.996	0.004
Grand Total	855314785	319053771	37.302	319053751	20	99.9999	0.0001

Resolution No.2- Ordinary resolution

Declaration of Dividend

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	318611140	46.111	318611140		100.00	0.00
Public -others	164342993	445577	0.271	444807	770	99.83	0.17
Grand Total	855314785	319056717	37.303	319055947	770	99.9998	0.0002

Resolution No.3- Ordinary resolution

Re- appointment of Retiring Director, Shri. Shyam Srinivasan.

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	318597250	46.109	318597250	0	100.00	0.00
Public -others	164342993	455162	0.277	450463	4699	98.97	1.03
Grand Total	855314785	319052412	37.302	319047713	4699	99.9985	0.0015

Resolution No.4- Ordinary resolution

Appointment of Joint Central Statutory Auditors,  M/s. Deloitte Haskins & Sells, Chennai, together with M/s M. P. Chitale & Co, Mumbai., Chartered Accountants as Auditors and fixation of remuneration thereof.

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	317323515	45.924	316666656	656859	99.79	0.21
Public -others	164342993	459149	0.279	456766	2383	99.48	0.52
Grand Total	855314785	317782664	37.154	317123422	659242	99.7925	0.2075

Resolution No.5- Ordinary resolution

Appoint and to fix the remuneration of branch auditors in consultation with the Central Statutory Auditors.

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316837804	45.854	316837804	0	100.00	0.00
Public -others	164342993	420034	0.256	417264	2770	99.34	0.66
Grand Total	855314785	317257838	37.093	317255068	2770	99.9991	0.0009

Resolution No.6- Ordinary resolution

Appointment of Shri.Harish H Engineer as an Independent Director of the Bank

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316837804	45.854	316837804	0	100.00	0.00
Public -others	164342993	457659	0.278	440867	16792	96.33	3.67
Grand Total	855314785	317295463	37.097	317278671	16792	99.9947	0.0053

Resolution No.7

Appointment of Smt. Grace Elizabeth Koshie as an Independent Director of the Bank

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316837804	45.854	316837804	0	100.00	0.00
Public -others	164342993	459139	0.279	443667	15472	96.63	3.37
Grand Total	855314785	317296943	37.097	317281471	15472	99.9951	0.0049

Resolution No.8

Appointment of Smt. Shubhalakshmi Panse as an Independent Director of the Bank

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316837804	45.854	316837804	0	100.00	0.00
Public -others	164342993	412112	0.251	400144	11968	97.10	2.90
Grand Total	855314785	317249916	37.092	317237948	11968	99.9962	0.0038

Resolution No.9

Appointment of Prof.Abraham Koshy as an Independent Director of the Bank and taking on record the approval accorded by RBI to pay honorarium of Rs1,25,000/- per month.

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316837804	45.854	314907210	1930594	99.39	0.61
Public -others	164342993	455527	0.277	420271	35256	92.26	7.74
Grand Total	855314785	317293331	37.097	315327481	1965850	99.3804	0.6196

Resolution No.10

Appointment of Shri. Sudhir M Joshi as an Independent Director of the Bank

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316837804	45.854	316837804		100.00	0.00
Public -others	164342993	457497	0.278	443808	13689	97.01	2.99
Grand Total	855314785	317295301	37.097	317281612	13689	99.9957	0.0043

Resolution No.11

Appointment of CA. Nilesh  S  Vikamsey as an Independent Director of the Bank

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316837804	45.854	314907210	1930594	99.39	0.61
Public -others	164342993	457447	0.278	440621	16826	96.32	3.68
Grand Total	855314785	317295251	37.097	315347831	1947420	99.3862	0.6138

Resolution No.12

Appointment of Shri.K M Chandrasekhar as an Independent Director of the Bank

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316837804	45.854	316837804	0	100.00	0.00
Public -others	164342993	455677	0.277	437563	18114	96.02	3.98
Grand Total	855314785	317293481	37.097	317275367	18114	99.9943	0.0057

Resolution No.13

Appointment of Shri.Dilip G Sadarangani as an Independent Director of the Bank

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316837804	45.854	316837804	0	100.00	0.00
Public -others	164342993	452647	0.275	436168	16479	96.36	3.64
Grand Total	855314785	317290451	37.096	317273972	16479	99.9948	0.0052

Resolution No.14

Taking on record the approval accorded by RBI for payment of remuneration, variable pay and ESOS to Shri. Shyam Srinivasan, MD &CEO of the Bank

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	293610323	42.492	293610323	0	100.00	0.00
Public -others	164342993	438142	0.267	420514	17628	95.98	4.02
Grand Total	855314785	294048465	34.379	294030837	17628	99.9940	0.0060

Resolution No.15

Taking on record the approval accorded by RBI for payment of remuneration, and ESOS to Shri. Abraham Chacko, Executive Director of the Bank

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	293610323	42.492	293610323	0	100.00	0.00
Public -others	164342993	439737	0.268	413698	26039	94.08	5.92
Grand Total	855314785	294050060	34.379	294024021	26039	99.9911	0.0089

Resolution No.16

Approval for extension of vesting period for the Grant 2011, from four years to four and half years(modified from 08th April 2015 to 08th October 2015)

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	316851694	45.856	316851694	0	100.00	0.00
Public -others	164342993	451502	0.275	417442	34060	92.46	7.54
Grand Total	855314785	317303196	37.098	317269136	34060	99.9893	0.0107

Resolution No.17

Increase of the Borrowing power of the Bank by Rs 3000 Crore over and above the Paid up Capital and free reserves of the Bank pursuant to section 180 (1) (c ) of the Companies Act,2013

Promoter/Public	No. of shares held	No. of votes polled	% of votes polled on outstanding shares	No. of votes in favour	No. of votes against	% of votes in favour of votes polled	% of votes against on votes polled
(1)	(2)	(3)= (2)/(1)*100	(4)	(5)	(6)= (4)/(2)*100	(7)=(5)/(2)*100
Promoter and Promoter Group	NIL	NIL	NIL	NIL	NIL	NIL	NIL
Public-Institutional Holders	690971792	318532140	46.099	318532140	0	100.00	0.00
Public -others	164342993	452992	0.276	449063	3929	99.13	0.87
Grand Total	855314785	318985132	37.294	318981203	3929	99.9988	0.0012

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