Board Meeting7 May 2026, 07:41 pm
Suryoday Bank Approves FY26 Audited Results, ₹1.50 Dividend
AI Summary
Suryoday Small Finance Bank Ltd's board approved the audited financial results for Q4 and the financial year ended March 31, 2026. The board recommended a final dividend of ₹1.50 per equity share, subject to shareholder approval. The board also discussed raising funds through equity and debt securities, with further deliberation planned for a subsequent meeting. Additionally, the board approved moving a Postal Ballot Notice to seek shareholder approval for the appointment of Mr. Sunil Satyapal Gulati as an Independent Director.
Key Highlights
- Audited financial results for Q4 and FY26 approved by the board.
- Final dividend of ₹1.50 per share recommended, pending shareholder approval.
- Fundraising (equity and debt) to be discussed in a future meeting.
- Shareholder approval sought for the appointment of Mr. Sunil Satyapal Gulati as an Independent Director.
- No public, rights, or preferential issue during the quarter under review.
Price Impact
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