Chennai, July 18, 2025 – Indian Overseas Bank (IOB) has officially submitted its Statement of Deviation or Variation in the Utilisation of Funds for the quarter ended June 30, 2025, confirming that no funds were raised or utilised during the period and there has been no deviation or variation under the norms prescribed by the Securities and Exchange Board of India (SEBI).

The filing, in compliance with Regulations 32(1), 52(7), and 52(7A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was made to both BSE Limited (Scrip Code: 532388) and the National Stock Exchange of India Ltd (Symbol: IOB).

Regulatory Filing Shows 'NIL' in All Key Parameters

As per the official statement signed by Chief Financial Officer Mr. Chandra Jha and Compliance Officer Mr. Ram Mohan K, the bank did not raise any funds in Q1 FY26. Hence, there was:

• No deviation in objects or purposes of fund usage

• No deviation in amount utilised versus what was disclosed

• No need for shareholder approvals or change in terms of any fund-raising contract

The Monitoring Agency, required only when funds are raised, was also not applicable, and auditors and audit committees had no comments, given the absence of financial movement related to new issues.

IOB’s Continued Compliance and Transparency

Indian Overseas Bank’s timely and clean disclosure under SEBI guidelines underscores its commitment to transparent investor relations. The bank’s Investor Relations Cell, headquartered at its central office in Chennai, manages all statutory communications and ensures alignment with regulatory frameworks.

For the record, the mode of fund raising was marked as “Not Applicable”, and every entry in the deviation table was reported as ‘NIL’.

No Activity in Non-Convertible Debt Instruments

The second section of the statement, which covers Non-Convertible Debt Securities, also confirmed no public or private placement activity during the reporting period. This means that no capital was raised via bonds or other debt instruments, and no deviation reporting was needed.

About Indian Overseas Bank

Indian Overseas Bank, headquartered in Chennai, is a leading public sector bank in India with a wide network of domestic and overseas branches. The bank caters to retail, MSME, and corporate customers, and is known for its strong rural presence and digital banking innovations. IOB has consistently ensured full regulatory compliance in all its financial and investor communications.

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