Canara Bank (CANBK) — Board Meeting

Canara Bank's board scheduled an Extraordinary General Meeting for September 25, 2025 to elect one shareholder director following Shri Hemant Buch's resignation on July 1, 2025, due to RBI's disqualification of Life Insurance Corporation employees from PSB boards. The elected director will serve until November 29, 2027. Remote e-voting opens September 22-24, 2025; nominations close September 10, 2025. Eligible shareholders (excluding Central Government) are limited to 10% of total voting rights each. KFin Technologies manages voting procedures. The candidate must meet RBI's 'Fit and Proper' criteria, hold minimum 100 shares, and secure nominations from 100 shareholders.

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About Canara Bank (CANBK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹1,16,167.83 Cr P/E: 6.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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