Suryoday SFB announces 18th AGM on Aug 6, 2026; proposes ₹1.50 dividend
Suryoday Small Finance Bank will hold its 18th AGM on August 6, 2026, via VC/OAVM. It proposes a final dividend of ₹1.50 per share for FY26. The bank plans to raise up to ₹300 Crore in Tier-1 capital and ₹200 Crore in Tier-2 capital. Key appointments and remuneration for senior management are also on the agenda.
The proposed capital raising of ₹300 Crore and ₹200 Crore for Tier-1 and Tier-2 capital respectively, along with dividend declaration and key appointments, can have a moderate impact on the bank's financial structure and shareholder value.
The announcement details the upcoming AGM, proposes a dividend, and outlines plans for capital raising and key appointments, indicating positive corporate actions and financial health.
Suryoday Small Finance Bank Limited has announced that its Eighteenth (18th) Annual General Meeting (AGM) will be held on Thursday, August 06, 2026, at 12:30 PM IST. The meeting will be conducted through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM).
The bank is also submitting the Notice convening the 18th AGM along with the Annual Report for the Financial Year 2025-26. A final dividend of ₹1.50 per equity share (15% of face value) for the financial year ended March 31, 2026, is proposed.
Key agenda items for the AGM include the adoption of audited financial statements for FY 2025-26, the declaration of the final dividend, and the re-appointment of Mr. Ranjit Jayant Shah as a Director. Additionally, the meeting will address the re-appointment of Mr. Krishna Prasad Nair as Non-Executive Part-time Chairman, subject to RBI approval. Shareholders will also vote on the remuneration for MD & CEO Mr. Baskar Babu Ramachandran and Executive Director Mr. Hemant Premchand Shah for FY 2026-27.
The bank further proposes to raise funds up to ₹300 Crore for Tier-1 Capital through various modes like Rights Issue, Preferential Allotment, or QIP. It also plans to issue debt instruments (Tier-2 Capital) up to ₹200 Crore. Amendments to the Suryoday ESOP Scheme 2019 are also on the agenda.
The cut-off date for determining eligibility for e-voting (remote and during the AGM) is Thursday, July 30, 2026. The AGM Notice and Annual Report are being dispatched electronically on July 14, 2026.
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Suryoday Small Finance Bank Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Suryoday Small Finance Bank Limited. Read the original for the full detail.