StockWatch
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Other Bank
Board Meeting27 Apr 2026, 05:01 pm

AU Small Finance Bank approves FY26 results, Re. 1 dividend, CFO, and ₹13,500 Cr fundraise

AI Summary

AU Small Finance Bank's Board of Directors, in its meeting on April 27, 2026, approved the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026. The Board also appointed Mr. Gaurav Jain as the Chief Financial Officer (CFO) with immediate effect, having previously served as Interim CFO since September 26, 2025. Furthermore, a dividend of Re. 1 per equity share (10% of face value) for FY26 was recommended, subject to shareholder approval at the upcoming AGM. The Board also approved enabling resolutions for annual renewal of fund-raising limits: up to ₹7,500 Crore via equity and up to ₹6,000 Crore via debt instruments, including Tier II bonds, also subject to shareholder approval.

Key Highlights

  • Board approved Audited Financial Results for Q4 and FY26.
  • Mr. Gaurav Jain appointed as Chief Financial Officer.
  • Recommended dividend of Re. 1 per equity share for FY26.
  • Approved fund-raising limits: ₹7,500 Cr equity, ₹6,000 Cr debt.