Suryoday Small Finance Bank Limited announced the approval of its Audited Financial Results for the Quarter and Financial Year ended March 31, 2026, by its Board of Directors on May 07, 2026. The Board has recommended a final dividend of ₹1.50 per equity share (15% of face value) for the Financial Year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM). Additionally, the Bank will seek shareholder approval via postal ballot for the appointment of Mr. Sunil Satyapal Gulati and Mr. Alok Sethi as Independent Directors. Both are proposed to hold office for five consecutive years from March 12, 2026, to March 11, 2031. The Board also deliberated on raising funds through equity and debt securities, deciding to discuss this further in a subsequent meeting. The Bank confirmed that no public issue, rights issue, or preferential issue was made during the quarter, and therefore, reporting of deviations in the use of proceeds is not applicable. Similarly, no non-convertible debt securities were issued, and the utilization of any previously issued securities was confirmed to be in line with stated objects.
