Board Meeting16 Sept 2026, 10:20 pm
Suryoday SFB Board to Meet Sep 21 for Fund Raising
AI Summary
Suryoday Small Finance Bank Ltd has announced that its Board of Directors will convene on September 21, 2026, in Navi Mumbai. The primary agenda item for this meeting is to consider and approve a proposal for raising funds. Specifically, the bank plans to issue Non-Convertible Debentures (Tier II Bonds) through a private placement basis, subject to necessary regulatory approvals and permissions. This move is in line with applicable SEBI Listing Regulations. The bank will also make this information available on its investor relations website.
Key Highlights
- Board meeting scheduled for September 21, 2026.
- To consider and approve fund raising via NCDs.
- Issuance will be on a private placement basis.
- Move aligns with SEBI Listing Obligations and Disclosure Requirements.
Price Impact
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