Dhanlaxmi Bank on Thursday said its shareholders have rejected the appointment of statutory auditor P B Vijayaraghavan & Co. The bank had listed four agendas at its annual general meeting held on Wednesday (September 29), of which two were passed. The shareholders rejected the proposal of appointment of statutory auditors P B Vijayaraghavan & Co, Chartered Accountants, Chennai with 65.44 per cent votes cast against the ordinary resolution, Dhanlaxmi Bank said in a regulatory filing, disclosing the scrutiniser's report of the postal ballot. They also rejected a proposal for authorisation to the board of directors to appoint and fix remuneration of branch auditors, with 65.44 per cent votes against the resolution. «The resolutions 3 and 4 have not been passed by the shareholders of the bank,» the filing said. Resolutions 1 and 2 were passed with requisite majority. These related to the adoption of the audited financial statements for fiscal ended March 2021 and re-appointment of Read more