StockWatch
·
Other Bank
Dividend25 Jun 2026, 04:41 pm

Suryoday SFB Sets July 17 Record Date for Final Dividend

AI Summary

Suryoday Small Finance Bank Ltd announced that its Board of Directors, in a meeting held on June 25, 2026, approved setting Friday, July 17, 2026, as the record date for determining eligibility for the final dividend. This dividend, if approved by shareholders at the upcoming 18th Annual General Meeting (AGM), will be subject to tax deductions. The bank also received enabling approval for raising up to ₹300 Crore in Tier-1 capital and up to ₹200 Crore in Tier-2 capital, valid for 12 months. Additionally, the re-appointment of Mr. Ranjit Jayant Shah as a director and modifications to the ESOP Scheme, 2019 were approved. The 18th AGM is scheduled for August 06, 2026.

Key Highlights

  • Record date for final dividend fixed as July 17, 2026.
  • Board approved raising up to ₹300 Cr in Tier-1 capital.
  • Board approved raising up to ₹200 Cr in Tier-2 capital.
  • Re-appointment of Director Ranjit Jayant Shah approved.
  • 18th AGM scheduled for August 06, 2026.