IOB Discloses Sale of Equity Shares by Promoters
Indian Overseas Bank (IOB) has disclosed information regarding the sale of equity shares by its promoters. This disclosure has been made by the promoters of the Bank to IOB under Regulation 7(2)(a) of...
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Why is Indian Overseas Bank in the news today?
Indian Overseas Bank (IOB) is in the news due to the announcement is a routine disclosure regarding promoter shareholding changes and does not inherently indicate positive or negative performance for the bank itself.
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IOB Discloses Sale of Equity Shares by Promoters
December 19, 2025, 02:49 PM
Indian Overseas Bank (IOB) has disclosed information regarding the sale of equity shares by its promoters. This disclosure has been made by the promoters of the Bank to IOB under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations).
The Bank, in turn, has submitted these disclosures to the Bombay Stock Exchange Limited and The National Stock Exchange of India Limited, as required by Regulation 7(2)(b) of the PIT Regulations. The disclosures received are in Form C, pertaining to the sale of equity shares of the Bank.
The announcement was made by the Compliance Officer of Indian Overseas Bank, Ram Mohan K, on December 19, 2025.
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