ICICI Bank 2010 Annual Report Download - page 27

25Annual Report 2009-2010
khayaal aapka
General Body Meeting Day, Date Resolution
Fourteenth AGM Saturday,
July 26, 2008 None
Fifteenth AGM Monday,
June 29, 2009
None
Postal Ballot
At present, no special resolution is proposed to be passed through postal ballot. No resolutions were passed
through postal ballot during fiscal 2010.
XIII. Disclosures
1. There are no materially significant transactions with related parties i.e., directors, management, subsidiaries,
or relatives conflicting with the Bank’s interests. The Bank has no promoter.
2. Penalties or strictures imposed on the Bank by any of the stock exchanges, the Securities & Exchange Board
of India (SEBI) or any other statutory authority, for any non-compliance on any matter relating to capital
markets, during the last three years are detailed below:
z The Securities and Futures Commission (SFC), Hong Kong had charged the Bank with carrying on
the business of dealing in securities in Hong Kong without having a license to do so. Pursuant to the
charges preferred vide issue of summons on March 30, 2007 and the submissions of SFC and the Bank,
the Eastern Magistrate’s Court, Hong Kong, on April 10, 2007, fined the Bank a sum of HKD 40,000
(Rs. 0.2 million) and required the Bank to reimburse investigation costs to SFC.
Other than the aforementioned, no penalties or strictures were imposed on the Bank by any stock exchanges,
SEBI or any other statutory authority, for any non-compliance on any matter relating to capital markets during
the last three years.
XIV. Means of Communication
It is ICICI Bank’s belief that all stakeholders should have access to complete information regarding its position
to enable them to accurately assess its future potential. ICICI Bank disseminates information on its operations
and initiatives on a regular basis. ICICI Bank‘s website (www.icicibank.com) serves as a key awareness facility
for all its stakeholders, allowing them to access information at their convenience. It provides comprehensive
information on ICICI Bank’s strategy, business segments, financial performance, operational performance, share
price movements and the latest press releases.
ICICI Bank’s dedicated investor relations personnel respond to specific queries and play a proactive role in
disseminating information to both analysts and investors. In accordance with SEBI and Securities Exchange
Commission (SEC) guidelines, all information which could have a material bearing on ICICI Bank’s share price is
released through leading domestic and global wire agencies. The information is also disseminated to the National
Stock Exchange of India (NSE), the Bombay Stock Exchange Limited (BSE), New York Stock Exchange (NYSE),
Singapore Stock Exchange and Japan Securities Dealers Association from time to time.
As required by SEBI and the listing agreements, ICICI Bank files its financial and other information on the Corporate
Filing and Dissemination System.
ICICI Bank’s quarterly financial results are published either in the Financial Express (Mumbai, Pune, Ahmedabad,
Delhi, Lucknow, Chandigarh, Kolkata, Chennai, Bangalore, Hyderabad, Cochin editions) or the Business Standard
(Ahmedabad, Bangalore, Bhubaneshwar, Chandigarh, Chennai, Hyderabad, Kochi, Kolkata, Lucknow, Mumbai,
New Delhi and Pune editions), Gujarat Samachar (Vadodara edition) and Vadodara Samachar (Vadodara). The
financial results, official news releases and presentations are also available on the Bank’s website.