Indian Overseas Bank clarifies QIP allottee details

** Indian Overseas Bank (IOB) has issued a clarification and an additional disclosure concerning its Qualified Institutional Placement (QIP) of equity shares. In an addendum to its March 24, 2025, announcement regarding the QIP, IOB corrected the list of allottees who received more than 5% of the equity shares offered. The initial letter inadvertently listed LIC Pension Fund Scheme and SBI Pension Fund Scheme as separate entities. IOB clarified that both schemes are associated with the same PAN under the National Pension System (NPS) Trust, and the corrected list is provided in Annexure A.