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 30 of 31.

  1. Jan 2009

    • 7 Jan · Board meeting

      Syndicate Bank had informed the Exchange regarding the Date of Board Meeting convened for the purpose of approving the Unaudited financial statements of the Bank for the Third Quarter ended December 31, 2008. The Bank has now informed the Exchange that due to unforeseen circumstances, the Board Meeting convened for the purpose of approving the Unaudited financial statements of the Bank for the Third Quarter ended December 31, 2008 stands postponed to January 23, 2009. The Board Meeting will now be held on January 23, 2009 instead of January 21, 2009.

    • 6 Jan · Updates

      The Bank has raised Rs.339.00 Crore by issue of unsecured, non-convertible IPDI (Innovative Perpetual Debt Instruments) Tier I capital. The issue, which opened on 02.01.2009, closed on 03.01.2009. The Bonds are rated "AA+ /Stable" by CRISIL and "CARE AA" by CARE. The Bonds carry a coupon rate of 9.40% p.a. payable annually. Step Up coupon rate of 0.50% p.a. is payable for further life if call option is not exercised at the end of l0th year from the date of allotment. The allotment of the Bonds will be completed on 12.01.2009, which is the deemed date of allotment, as against 15.01.2009 mentioned in our earlier letter.

    • 6 Jan · Raising of Capital

      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 on January 02, 2009 and closes on January 09, 2009. The deemed date of Allotment is January 15, 2009. A copy of the 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.

    • 5 Jan · Management

      Bank has appointed following 6 Chartered Accountant Firms as Statutory Central Auditors of the Bank for year 2008-2009:1) M/s. L. S. Nalwaya & Company, Mumbai 2) M/s. V K Dhingra & Co., Delhi 3) M/s. Nirmal Jain & Co., New Delhi 4) M/s. B P Rao & Co., Bangalore 5) M/s. G Venugopal Kamath & Co., Kochi 6) M/s. N C Mitra & Co., Kolkata. Out of the above, first five firms are continuing Statutory Central Auditors, While M/s. N C Mitra & Co., have been appointed in place of M/s. V. Soundararajan & Co., who have completed the term.

    • 2 Jan · Board meeting

      Meeting on 21 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”

  2. Dec 2008

    • 26 Dec · Raising of Capital

      The Bank has today i.e. 26.12.2008,raised Tier II Capital to the extent of Rs.300.00 Crore through issue of Unsecured Non-Convertible Sub-ordinated Debt (eligible for Lower Tier II Capital). The issue opened and closed today. The bond was priced at 8.60%p.a. payable annually.

    • 22 Dec · Management

      In exercise of the powers conferred by clause (a) 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 and sub-clause (1) of Clause 8 of the Nationalised Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government on 19.12.2008, after consultation with Reserve Bank of India, has appointed Shri R. Ramachandran, as a whole time Director (Designated as Executive Director) of the Bank upto 31.12.2011 i.e. the date of his superannuation or until further orders, whichever is earlier

  3. Nov 2008

    • 14 Nov · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the half-year ended September 30, 2008. The details of the limited review report 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. Oct 2008

    • 31 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2008 as follows: Interest earned of Rs. 450192 lacs for the half year ending on 30-SEP-2008 against Rs. 378488 lacs for the half year ending on 30-SEP-2007. Interest expended of Rs. 325112 lacs for the half year ending on 30-SEP-2008 against Rs. 274878 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 34980 lacs for the half year ending on 30-SEP-2008 against Rs. 44861 lacs for the half year ending on 30-SEP-2007.

    • 31 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2008 as follows: Interest earned of Rs. 236995 lacs for the quarter ending on 30-SEP-2008 against Rs. 193860 lacs for the quarter ending on 30-SEP-2007. Interest expended of Rs. 162242 lacs for the quarter ending on 30-SEP-2008 against Rs. 144949 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 26191 lacs for the quarter ending on 30-SEP-2008 against Rs. 22758 lacs for the quarter ending on 30-SEP-2007.

    • 17 Oct · Board meeting

      For approving the Unaudited Financial Results of the Bank for the Second Quarter (of the Current Financial Year 2008-09) ended September 30, 2008.

    • 10 Oct · Management

      In exercise of the powers conferred by clause (a) 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 and sub-clause (1) of Clause 8 of the Nationalised Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government on 08.10.2008, in consultation with Reserve Bank of India, has appointed Shri Vinod Kumar Nagar, as a whole time Director (Designated as Executive Director) of the Bank until further orders or till the date of his superannuation i.e. upto 31st July 2011, whichever is earlier

  5. Aug 2008

    • 4 Aug · Management

      In exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1 980 read with sub-clause (1) of Clause 3 and sub-clause (1) of Clause 8 of the Nationalised Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government on 02.08.2008, in consultation with Reserve Bank of India, has appointed Shri George Joseph, presently Executive Director of our Bank as the Chairman and Managing Director of the Bank for a period upto 30.04.2009 i.e. date of his superannuation or until further orders, whichever is earlier

  6. Jul 2008

    • 29 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2008 as follows: Interest earned of Rs. 213197 lacs for the quarter ending on 30-JUN-2008 against Rs. 184628 lacs for the quarter ending on 30-JUN-2007. Interest expended of Rs. 162870 lacs for the quarter ending on 30-JUN-2008 against Rs. 129929 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 8789 lacs for the quarter ending on 30-JUN-2008 against Rs. 22103 lacs for the quarter ending on 30-JUN-2007.

    • 15 Jul · Board meeting

      Meeting on 29 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”

    • 15 Jul · Updates

      "The Bank intends to conduct a survey to ascertain the level of satisfaction among investors on the quality of service provided to them on similar lines to the survey conducted during the last year. The proposed survey also invites suggestions for improving the service provided to the shareholders". Further, copy of letter and survey form to be sent to the shareholders 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.

    • 11 Jul · Management

      In exercise of the powers conferred by sub-section 3(h) and (3-A) 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 Nationalised Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has appointed Shri Ramesh Adige as part-time non- official Director on the Board of Directors of our Bank for a period of three years from the date of notification of his appointment (i.e. 10th July 2008)or until further orders, whichever is earlier

  7. Jun 2008

    • 26 Jun · Meeting

      Proceedings of the Annual General Meeting of shareholder of the bank held on June 23, 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.

    • 24 Jun · Dividend

      Payment of final dividend for the year 2007-08 is July 18, 2008.

  8. May 2008

    • 20 May · Meeting

      Syndicate Bank had informed the Exchange regarding the notice of Annual General Meeting of the Shareholders Members of Syndicate Bank. The Bank has now informed the Exchange that "In this connection, we request you to read the sentence with regard to the amount to of Capital to be raised given under Explanatory Statement - Para 3 (Page 3) of the Notice, as Rs.80,00,00,000 (Rs. Eighty Crore only) i.e 8,00,00,000 (Eight Crore only) of equity shares of face value of Rs.10/- each".

    • 15 May · Meeting

      Notice of the Annual General Meeting of the Shareholders of the Bank scheduled to be held on June 23, 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.

    • 15 May · Corporate action

      Register of Members and Share Transfer Books of Bank will be closed from June 17, 2008 to June 23, 2008 (both days inclusive) for the purpose of Annual General Meeting and for ascertaining the shareholders, who are entitled to receive the final dividend for 2007-08.

    • 14 May · Results

      Standalone Results for the year ended on 31-MAR-2008 as follows: Interest earned of Rs. 790631 lacs for the year ending on 31-MAR-2008 against Rs. 604007 lacs for the year ending on 31-MAR-2007. Interest expended of Rs. 583356 lacs for the year ending on 31-MAR-2008 against Rs. 389002 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 84806 lacs for the year ending on 31-MAR-2008 against Rs. 71607 lacs for the year ending on 31-MAR-2007.

    • 14 May · Results

      Consolidated Results for the year ended on 31-MAR-2008 as follows: Interest earned of Rs. 790631 lacs for the year ending on 31-MAR-2008 against Rs. 604007 lacs for the year ending on 31-MAR-2007. Interest expended of Rs. 583355 lacs for the year ending on 31-MAR-2008 against Rs. 389001 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 84840 lacs for the year ending on 31-MAR-2008 against Rs. 71611 lacs for the year ending on 31-MAR-2007.

    • 14 May · Results

      Standalone Results for the quarter ended on 31-MAR-2008 as follows: Interest earned of Rs. 213443 lacs for the quarter ending on 31-MAR-2008 against Rs. 173664 lacs for the quarter ending on 31-MAR-2007. Interest expended of Rs. 157181 lacs for the quarter ending on 31-MAR-2008 against Rs. 113298 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 12626 lacs for the quarter ending on 31-MAR-2008 against Rs. 10430 lacs for the quarter ending on 31-MAR-2007.

    • 14 May · Dividend

      Board of Directors of the Bank at its meeting held on May 14, 2008 have proposed a Final Dividend of 13% for the year 2007-08 in addition to the Interim Dividend of 15%, subject to approval of shareholders at the Annual General Meeting.

    • 2 May · Board meeting

      For inter alia, considering and approving the Audited Financial Results of the Bank for the year ended March 31, 2008 and to recommend consideration of Final Dividend for 2007-08 if any, subject to approval of shareholders at the Annual General Meeting.

  9. Apr 2008

    • 29 Apr · Results

      Syndicate Bank had informed the Exchange that a Meeting of the Board of Directors of the Bank to be held on April 30, 2008 for inter alia, considering and approving the Audited Financial Results of the Bank for the year ended March 31, 2008 and to recommend consideration of Final Dividend for 2007-08 if any, subject to approval of shareholders at the Annual General Meeting. The Bank has now informed the Exchange that: "Due to delay in finalization of accounts, the Board Meeting of the Bank, which is scheduled to be held on 30th April, 2008 for inter alia, considering and approving the Audited Financial Results of the Bank for the year ended March 31, 2008 and to recommend consideration of Final Dividend, if any, for 2007-08, will not be taking up this item as a part of the Agenda. The new date, time, venue of the Board Meeting to be held for consideration/ approval of audited financial statements of the Bank as on 31st March, 2008 and to recommend consideration of final Dividend for 2007-08, if any, will be intimated to you in due course."

    • 10 Apr · Board meeting

      For inter alia, considering and approving the Audited Financial Results of the Bank for the year ended March 31, 2008 and to recommend consideration of Final Dividend for 2007-08 if any, subject to approval of shareholders at the Annual General Meeting.

  10. Mar 2008

    • 17 Mar · Dividend

      Syndicate Bank had informed the Exchange that the Board of Directors of the Bank has declared 15% interim dividend for the financial year 2007-08. The Bank has now informed the Exchange that the payment of interim dividend for the year 2007-08 is April 11, 2008.

    • 17 Mar · Dividend

      Board of Directors of the Bank have in its meeting held on March 15, 2008 have declared an Interim Dividend of 15% for the financial year 2007-08. Further, the Bank has fixed April 01, 2008 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 2007-08 declared by the Bank at the Board Meeting held on March 15, 2008.

    • 14 Mar · Private placement of Bonds

      The issue (Private Placement of 2400 Unsecured Perpetual Non convertible Bonds of Face Value of Rs. 10 lacs each aggregating to Rs. 240.00 cr - Tier I Series I) was opened for subscription on 11.03.2008. The issue is fully subscribed. Hence the issue stands closed on 14.03.2008

    • 12 Mar · Board meeting

      For examining the proposal of Interim Dividend for the year 2007-08.

  11. Feb 2008

    • 6 Feb · Business

      Syndicate Bank had informed the Exchange that the Board of Directors of our Bank in its meeting held on 21.05.2007 have approved further raising of capital of the bank by way of issue of 8,00,00,000 (Eight Crore only) equity shares having face value of Rs.10/- each at a price to be determined later, subject to necessary approvals from Government of India, Reserve Bank of India and other Statutory Bodies. The Company has now informed the Exchange that: "Our Board of Directors in its meeting held on 29.01.2008 have further decided to issue the above equity shares through Qualified Institutional Placement (QIP) in lieu of Follow on Public Offer, subject to statutory and other necessary approvals".

  12. Jan 2008

    • 29 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2007 as follows: Interest earned of Rs. 198700 lacs for the quarter ending on 31-DEC-2007 against Rs. 163530 lacs for the quarter ending on 31-DEC-2006. Interest expended of Rs. 151297 lacs for the quarter ending on 31-DEC-2007 against Rs. 107937 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 27319 lacs for the quarter ending on 31-DEC-2007 against Rs. 22612 lacs for the quarter ending on 31-DEC-2006.

    • 16 Jan · Board meeting

      Meeting on 29 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”

  13. Oct 2007

    • 26 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2007 as follows: Interest earned of Rs. 378488 lacs for the half year ending on 30-SEP-2007 against Rs. 266813 lacs for the half year ending on 30-SEP-2006. Interest expended of Rs. 274878 lacs for the half year ending on 30-SEP-2007 against Rs. 167767 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 44861 lacs for the half year ending on 30-SEP-2007 against Rs. 38565 lacs for the half year ending on 30-SEP-2006.

    • 26 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2007 as follows: Interest earned of Rs. 193860 lacs for the quarter ending on 30-SEP-2007 against Rs. 143731 lacs for the quarter ending on 30-SEP-2006. Interest expended of Rs. 144949 lacs for the quarter ending on 30-SEP-2007 against Rs. 95273 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 22758 lacs for the quarter ending on 30-SEP-2007 against Rs. 20507 lacs for the quarter ending on 30-SEP-2006.

    • 16 Oct · Board meeting

      Meeting on 26 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”

  14. Jul 2007

    • 30 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2007 as follows: Interest earned of Rs. 184628 lacs for the quarter ending on 30-JUN-2007 against Rs. 123082 lacs for the quarter ending on 30-JUN-2006. Interest expended of Rs. 129929 lacs for the quarter ending on 30-JUN-2007 against Rs. 72494 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 22103 lacs for the quarter ending on 30-JUN-2007 against Rs. 18058 lacs for the quarter ending on 30-JUN-2006.

    • 16 Jul · Board meeting

      Meeting on 30 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”

  15. Jun 2007

    • 29 Jun · Meeting

      Proceeding of the Annual General Meeting held on June 21, 2007. 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.

    • 21 Jun · Dividend

      Syndicate Bank had informed the Exchange that the Board of Directors of the company has proposed 13% final dividend for the year 2006-07 in addition to Interim Dividend of 15%. The Company has now informed the Exchange that the date of the payment of final dividend for the year 2006-07 is 16th July 2007".

    • 20 Jun · Miscellaneous

      "The Bank intends to conduct a survey to ascertain the level of satisfaction among investors on the quality of service provided to them. The proposed survey also invites suggestions for improving the service provided to the shareholders". Further, copy of letter and survey form to be sent to the shareholders 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.

  16. May 2007

    • 25 May · Meeting

      Notice of Annual General Meeting of the shareholder members of the Bank is scheduled to be held on June 21, 2007. 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.

    • 21 May · Follow-on public issue

      The Board of Directors of our Bank in its meeting held on 21.05.2007 have approved further raising of capital of the bank by way of issue of 8,00,00,000 (Eight Crore only) equity shares having face value of Rs.10/- each at a price to be determined later, subject to necessary approvals from Government of India, Reserve Bank of India and other Statutory Bodies

    • 15 May · Corporate action

      Register of Members and Share Transfer Books of our Bank will be closed from Thursday, the 14th June 2007 to Thursday, the 21st June 2007 (both days inclusive) for the purpose of Annual General Meeting and for ascertaining the shareholders, who are entitled to receive the final dividend 2006-07

    • 8 May · Dividend

      Board of Directors in its meeting held on May 08, 2007 have proposed Final Dividend of 13% for the year 2006-07 in addition to Interim Dividend of 15%.

  17. Apr 2007

    • 27 Apr · Board meeting

      Inter alia considering and approving the Audited Financial Results of the Bank for the year ended March 31, 2007 and to recommend consideration of Final Dividend for 2006 - 07 if any, for approval of shareholders at the Annual General Meeting.

    • 13 Apr · Results

      As we are going to publish audited financial statements before 30.06.2007, we will not be publishing unaudited results for the last quarter i.e. 31.03.2007