Suryoday SFB Board Approves ₹500 Cr Fundraising, Sets Dividend Record Date

Suryoday Small Finance Bank Ltd's Board of Directors, in a meeting held on June 25, 2026, approved seeking shareholder approval for fundraising up to ₹300 Crore via equity instruments and up to ₹200 Crore through debt instruments. The funds will be raised through various permissible modes including Rights Issue, QIP, or Private Placement. The Board also fixed Friday, July 17, 2026, as the record date for determining eligibility for the final dividend, subject to shareholder approval at the upcoming 18th AGM. Additionally, the re-appointment of Mr. Ranjit Jayant Shah as a director and modifications to the Suryoday ESOP Scheme, 2019 were approved. The 18th AGM is scheduled for Thursday, August 06, 2026.