Syndicate Bank (Delisted) share news and announcements
BSE: 532276
Last traded ₹15.15 on 19 Mar 2020
Delisted on 27 May 2020.
Syndicate Bank share news and announcements
1,508 announcements, routine notices left out, newest first. Page 29 of 31.
May 2010
27 May · Meeting
Register of Members and Share Transfer Books of our Bank will be closed from June 18, 2010 to June 25, 2010 (both days inclusive) for the purpose of Annual General Meeting and for ascertaining the shareholders, who are entitled to receive the Dividend 2009-10. Further, the Annual General Meeting of the Shareholders will be held on June 25, 2010.27 May · Meeting
Eleventh Annual General Meeting (AGM) of the shareholders of the Bank will be held on June 25, 2010, to transact the following business: 1. ....27 May · Meeting
Register of Members & Share Transfer Books of the Bank will remain closed from June 18, 2010 to June 25, 2010 (both days inclusive) for the purpose ....11 May · Management
In exercise of the powers conferred by clause (b) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has, on May 10, 2010 nominated Sri Hindupur Pradeep Rao, Joint Secretary and Financial Advisor, Ministry of Finance, New Delhi as a Director on the Board of Directors of our Bank with immediate effect and until further orders.11 May · Management
In exercise of the powers conferred by clause (b) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) ....4 May · Dividend
Board of Directors of the Bank at its meeting held on May 04, 2010 has proposed a Dividend of Rs. 3.00 per share (30%) for the year 2009-10, subject to approval of shareholders at the Annual General Meeting.4 May · Dividend
Board of Directors of the Bank at its meeting held on May 04, 2010, inter alia, has proposed a Dividend of Rs. 3.00 per share (30%) for the year ....4 May · Results
Consolidated Results for the year ended on 31-MAR-2010 as follows: Interest earned of Rs. 1004718 lacs for the year ending on 31-MAR-2010 against Rs. 957963 lacs for the year ending on 31-MAR-2009. Interest expended of Rs. 730724 lacs for the year ending on 31-MAR-2010 against Rs. 697754 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 81426 lacs for the year ending on 31-MAR-2010 against Rs. 91352 lacs for the year ending on 31-MAR-2009.4 May · Results
Standalone Results for the year ended on 31-MAR-2010 as follows: Interest earned of Rs. 1004718 lacs for the year ending on 31-MAR-2010 against Rs. 957963 lacs for the year ending on 31-MAR-2009. Interest expended of Rs. 730737 lacs for the year ending on 31-MAR-2010 against Rs. 697760 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 81332 lacs for the year ending on 31-MAR-2010 against Rs. 91282 lacs for the year ending on 31-MAR-2009.4 May · Results
Standalone Results for the quarter ended on 31-MAR-2010 as follows: Interest earned of Rs. 251330 lacs for the quarter ending on 31-MAR-2010 against Rs. 251207 lacs for the quarter ending on 31-MAR-2009. Interest expended of Rs. 165358 lacs for the quarter ending on 31-MAR-2010 against Rs. 195033 lacs for the quarter ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 16823 lacs for the quarter ending on 31-MAR-2010 against Rs. 20664 lacs for the quarter ending on 31-MAR-2009.
Apr 2010
22 Apr · Board meeting
For inter alia considering and approving the Audited Financial Results of the Bank for the year ended on March 31, 2010 and to recommend consideration of Dividend for 2009-2010, if any, subject to approval of shareholders at the Annual General Meeting.22 Apr · Results
Meeting of the Board of Directors of the Bank will be held on May 04, 2010, inter alia, for considering and approving the Audited Financial Results ....
Jan 2010
30 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2009 as follows: Interest earned of Rs. 245554 lacs for the quarter ending on 31-DEC-2009 against Rs. 256565 lacs for the quarter ending on 31-DEC-2008. Interest expended of Rs. 173758 lacs for the quarter ending on 31-DEC-2009 against Rs. 177615 lacs for the quarter ending on 31-DEC-2008. Net Profit / (Loss) of Rs. 20572 lacs for the quarter ending on 31-DEC-2009 against Rs. 35638 lacs for the quarter ending on 31-DEC-2008.13 Jan · Results
Meeting of the Board of Directors of the Bank will be held on January 30, 2010, for approve the Unaudited Financial Results of the Bank for the Third ....13 Jan · Board meeting
For approving the Unaudited Financial Results of the Bank for the Third Quarter ended December 31, 2009.12 Jan · Increase in Authorised Capital
In Exercise of powers conferred by Sub-section (2A) of Section 3, of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, the Government of India in consultation with Reserve Bank of India, has increased the authorized capital of the Bank from Rs.1500 Crore (One thousand five hundred Crore of Rupees) to Rs.3000 Crore (Rs. Three thousand Crore of Rupees) vide its Notification dated 21.11.200911 Jan · Syndicate Bank - Increase in Authorized Capital
In exercise of powers conferred by Sub-section (2A) of Section 3, of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, the ....
Oct 2009
30 Oct · Results
Standalone Results for the half year ended on 30-SEP-2009 as follows: Interest earned of Rs. 511979 lacs for the half year ending on 30-SEP-2009 against Rs. 450192 lacs for the half year ending on 30-SEP-2008. Interest expended of Rs. 391621 lacs for the half year ending on 30-SEP-2009 against Rs. 325112 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 43937 lacs for the half year ending on 30-SEP-2009 against Rs. 34980 lacs for the half year ending on 30-SEP-2008.30 Oct · Results
Standalone Results for the quarter ended on 30-SEP-2009 as follows: Interest earned of Rs. 256105 lacs for the quarter ending on 30-SEP-2009 against Rs. 236995 lacs for the quarter ending on 30-SEP-2008. Interest expended of Rs. 194318 lacs for the quarter ending on 30-SEP-2009 against Rs. 162242 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 17781 lacs for the quarter ending on 30-SEP-2009 against Rs. 26191 lacs for the quarter ending on 30-SEP-2008.14 Oct · Revision in Interest rates
Bank has modified the rate of interest on deposits. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Oct · Board meeting
For approving the Unaudited Financial Results of the Bank for the Second Quarter (of the Current Financial Year 2009-10) ended September 30, 2009.9 Oct · Revision in Interest rates
Bank has introduced Special Scheme on Housing Loans and Synd Vahan (for 4 wheelers) with reduction in interest rates. The revised interest rates on both Housing & Vehicle loans shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Sep 2009
23 Sep · Management
The Bank has appointed following 6 Chartered Accountants Firms as Statutory Central Auditors of the Bank for year 2009-2010 : 1) M/s. Nirmal Jain & Co., New Delhi. 2) M/s. N C Mitra & Co., Kolkata. 3) M/s. Prakash Chandra Jain & Co., Udaipur. 4) M/s. S Sonny Associates, Chennai. 5) M/s. Jain & Associates, Chandigarh. 6) M/s. R Vender Gupta and Associates, New Delhi. Out of the above, first two firms are continuing Statutory Central Auditors, While M/s. Prakash Chandra Jain & Co., M/s. S Sonny Associates, M/s. Jain & Associates and M/s. R Vender Gupta and Associates have been appointed in place of M/s. L S Nalwaya & Company, M/s. V K Dhingra & Co., M/s. B P Rao & Co., and M/s. G Venugopal Kamath & Co., who have completed the term8 Sep · Delisting of shares
"Bangalore Stock Exchange Ltd. Vide their letter No. 03/2009/278 dated 07.09.2009 has informed us that based on the request made by the Bank, the securities of the Bank have been delisted from them (Bangalore Stock Exchange Ltd.) with effect from 7th September 2009". Further, as already informed, the securities of the Bank will continue to be listed on NSE and BSE, having nationwide trading terminals.
Aug 2009
31 Aug · Management
In exercise of the powers conferred by clause (a) of sub-section (3) of of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 and Sub-clause (1) of Clause 8 of the Nationalized Banks (Management & Miscellaneuos Provisions) Scheme, 1970/1980, the Central Government has on 31.08.2009, in consultation with the Reserve Bank of India , appointed Shri Basant Seth as Chairman and Managing Director of the Bank for a period upto 29.02.2012 i.e. the date of his superannuation or until further orders, whichever is earlier7 Aug · Voluntary Delisting
The equity shares of the Bank are listed in Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Limited (NSE) in addition to Bangalore Stock Exchange. Our Bank is in the process of getting the equity shares of the Bank voluntarily delisted from Bangalore Stock Exchange Ltd., as it is felt that continued listing with the Bangalore Stock Exchange does not provide any significant tangible advantage to the shareholders of the Bank. The Bank has already obtained the approval of the Board and shareholders in this regard. Public Announcement with regard to voluntary delisting of shares with Bangalore Stock Exchange Ltd., has also been issued on 20.07.2009. The equity shares of the Bank will continue to be listed on BSE and NSE, exchanges having nationwide terminals
Jul 2009
31 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2009 as follows: Interest earned of Rs. 255874 lacs for the quarter ending on 30-JUN-2009 against Rs. 213197 lacs for the quarter ending on 30-JUN-2008. Interest expended of Rs. 197303 lacs for the quarter ending on 30-JUN-2009 against Rs. 162870 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 26156 lacs for the quarter ending on 30-JUN-2009 against Rs. 8789 lacs for the quarter ending on 30-JUN-2008.16 Jul · Board meeting
For approving the Unaudited Financial Results of the Bank for the First Quarter (of the Current Financial Year 2008-09) ended June 30, 2009.2 Jul · Meeting
Proceedings of the Annual General Meeting of shareholder member of the bank held on June 26, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jun 2009
30 Jun · Dividend
Date of payment of final dividend for the year 2008-09 is July 21, 2009.29 Jun · Election of Directors
In terms of Section 9(3)(i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 read with The Banking Regulations Act 1949 and Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970 and Syndicate Bank (Shares & Meetings) Regulations, 1998 the following three Directors were elected from amongst the shareholders of the Bank other than the Central Government. 1) Sri Mocherla Bhaskara Rao, 2) Sri AR Nagappan, 3) Sri Bhupinder Singh Suri. In terms of Clause 9(4) of Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970 read with Regulations 66(iii) of Syndicate Bank (Shares & Meetings) Regulations, 1998 the above Directors have assumed office for a period of three years from 27th June, 200925 Jun · Green Shoe Option
Syndicate Bank had informed the Exchange regarding the issue of Unsecured, IPDI, Non-convertible Taxable Tier I Bonds to the tune of Rs.150.00 Crore with unlimited Green Shoe Option. The Company has now informed the Exchange that "The issue opened for subscription on 22.06.2009 closed today i.e. 25.06.2009. The issue, which was issued at a coupon rate of 8.90% p.a. payable annually, has been fully subscribed. The Bank mobilized Rs.194.00 Crore".22 Jun · Green Shoe Option
"The Bank will be raising Rs.150.00 Crore with Unspecified Green Shoe Option by way of private placement of 1500 Unsecured innovative Perpetual Debt Instrument, Non-convertible Taxable Tier I Bonds of Face Value of Rs.10.00 Lakh. The issue has opened today i.e. 22.06.2009 and closes on 27.06.2009. The deemed date of Allotment is 29.06.2009". A copy of term sheet shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Jun · Raising of Capital
Bank has on June 15, 2009 raised Tier II Capital to the extent of Rs. 200.00 Crore through the issue of Unsecured Non-Convertible Sub-ordinated Debt (eligible for Lower Tier II Capital). The issue opened and closed on June 15,2009. The bond was priced at 8.49% p.a. payable annually.
May 2009
26 May · Corporate action
Register of Members and Share Transfer Books of the Bank will be closed from June 19, 2009 to June 26, 2009 (both days inclusive) for the purpose of Annual General Meeting and for ascertaining the shareholders, who are entitled to receive the final dividend 2008-09.26 May · Meeting
Notice of the Annual General Meeting of the shareholder members of the Bank will be held on June 26, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 May · Disclosure
In terms of the recent amendments to the SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 1997 and based upon the present information available with us, please note that the Government of India (i.e. President of India), the promoter of Syndicate Bank has not pledged any of its shares4 May · Updates
Bank has fixed May 20, 2009 as the Specified Date for the purpose of ascertainment of shareholders of the Bank entitled to participate i.e. nominate, contest and vote in the election of directors from amongst the shareholders other than Central Government, in terms of Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
Apr 2009
28 Apr · Dividend
Board of Directors at its meeting held on April 28, 2009 have proposed a Final Dividend of 15% for the year 2008-09 in addition to the Interim Dividend of 15%, subject to approval of shareholders at the Annual General Meeting.28 Apr · Results
Standalone Results for the quarter ended on 31-MAR-2009 as follows: Interest earned of Rs. 251207 lacs for the quarter ending on 31-MAR-2009 against Rs. 213443 lacs for the quarter ending on 31-MAR-2008. Interest expended of Rs. 195033 lacs for the quarter ending on 31-MAR-2009 against Rs. 157181 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 20664 lacs for the quarter ending on 31-MAR-2009 against Rs. 12626 lacs for the quarter ending on 31-MAR-2008.28 Apr · Results
Consolidated Results for the year ended on 31-MAR-2009 as follows: Interest earned of Rs. 957964 lacs for the year ending on 31-MAR-2009 against Rs. 790631 lacs for the year ending on 31-MAR-2008. Interest expended of Rs. 697754 lacs for the year ending on 31-MAR-2009 against Rs. 583355 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 91352 lacs for the year ending on 31-MAR-2009 against Rs. 84840 lacs for the year ending on 31-MAR-2008.28 Apr · Results
Standalone Results for the year ended on 31-MAR-2009 as follows: Interest earned of Rs. 957964 lacs for the year ending on 31-MAR-2009 against Rs. 790631 lacs for the year ending on 31-MAR-2008. Interest expended of Rs. 697760 lacs for the year ending on 31-MAR-2009 against Rs. 583356 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 91282 lacs for the year ending on 31-MAR-2009 against Rs. 84806 lacs for the year ending on 31-MAR-2008.16 Apr · Updates
Syndicate Bank had informed the Exchange regarding the raising of the Tier I Capital by the Bank to the tune of Rs.339.00 Crore by issue of unsecured, non-convertible IPDI, with call option at the end of 10 years from the date of allotment i.e. 12.01.2009. The Bank has now informed the Exchange that "As per the directions of Reserve Bank of India, call option for said Tier I Bonds has been amended to read as under: "Call option may be exercised after the instrument has run for at least 10 years and call option shall be exercised only with the prior approval of Reserve Bank of India Department of Banking Operation and Development". "Step-up coupon rate of 0.50% p.a. payable annually for further life which will be exercised only once during the whole life of the instrument, in conjunction with the call option, after the lapse of 10 years from the date of issue". Concurrence of Investor has already been obtained for the said amendments".15 Apr · Board meeting
Inter alia, considering and approving the Audited Financial Results of the Bank for the year ended March 31, 2009 and to recommend consideration of Final Dividend for 2008-09 if any, subject to approval of shareholders at the Annual General Meeting.6 Apr · Dividend
Board of Directors of the Bank in its meeting held on April 04, 2009, have declared an Interim Dividend of 15% for the financial year 2008-09. The Bank has fixed April 21, 2009 as the Record Date for determining the shareholders/ beneficiary owners entitled to receive 15% interim dividend on equity shares of the Bank for the Financial Year 2008-09. Further, the payment of Interim Dividend for the year 2008-09 is April 29, 2009.
Mar 2009
20 Mar · Board meeting
Inter alia to consider the declaration of Interim Dividend, if any, for the Financial Year 2008-09.
Jan 2009
28 Jan · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31, 2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.23 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2008 as follows: Interest earned of Rs. 256565 lacs for the quarter ending on 31-DEC-2008 against Rs. 198700 lacs for the quarter ending on 31-DEC-2007. Interest expended of Rs. 177615 lacs for the quarter ending on 31-DEC-2008 against Rs. 151297 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. 35638 lacs for the quarter ending on 31-DEC-2008 against Rs. 27319 lacs for the quarter ending on 31-DEC-2007.