Indian Bank — Capital/Financing Update 2021

Jan 19, 2021

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Ref: ISC/409/ 2020-21 Date: 19.01.2021

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Dear Sir/Madam,

Subject: Approval of fund raising plan: prior intimation of Board Meeting

In terms of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, and in continuation of our letter No. ISC/400/ 2020-21 dated 13.01.2021, we have to inform you further that the Board of Directors of the Bank in its meeting scheduled to be held on Friday, the 22ndJanuary 2021 will also consider a proposal for raising of fund/equity capital by the Bank through QIP/FPO/Rights issue and/or in combination thereof.

This is for your information, records and dissemination please.

Yours faithfully,

(Di a Nath Kumar) W 1 °— Asst. General Manager & Company Secretary