Share price at the NSE close on 23 Oct 2026. Previous close ₹40.86.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Next results date: the board meets on 29 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹2,004 Cr1,321st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 Apr 2026
- 1.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 31 Jul 2026
- −0.3%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 9.53%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Jun 2026.
- 5.40%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Jun 2026.
- 0.83%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Jun 2026.
- 15.45%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- −0.57%
- Volume, NSEVolume. Shares traded on the last trading day.
- 3,26,582
ESAF Small Finance Bank board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonKarthikeyan Manickam
- Managing director and CEOKadambelil Paul Thomas
- Company Secretary and Compliance OfficerRanjith Raj P
8 directors5 independent2 executive1 non-executive
- Karthikeyan Manickam · ChairpersonIndependent · joined Dec 2025 · reappointed Dec 2025 · 6 months as independent · 1 listed board · 1 as independent
- Kadambelil Paul Thomas · Managing director and CEOExecutive · joined Oct 2018 · reappointed Oct 2024 · 93 months as independent · 1 listed board · 1 committee seat
- George Kalaparambil JohnExecutive · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board
- Vinod Vijayalekshmi VasudevanIndependent · joined Dec 2021 · reappointed Dec 2024 · 54 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Kolasseril Chandramohanan RanjaniIndependent · joined Dec 2022 · reappointed Dec 2025 · 42 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Biju VarkkeyIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 2 listed boards · 2 as independent · 1 committee seat
- Ajay SharmaIndependent · joined Dec 2025 · reappointed Dec 2025 · 6 months as independent · 2 listed boards · 2 as independent · 2 committee seats
- George Ittan MaramkandathilNon-executive · joined Nov 2025 · reappointed Nov 2025 · 7 months as independent · 1 listed board · 1 committee seat, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
6 directors who left
- Thomas Jacob Kalappila, left 9 Mar 2026: Tenure Completion
- Ravimohan Periyakavil Ramakrishnan, left 20 Dec 2025: Tenure Completion
- Ravi Venkatraman, left 12 Dec 2025: Tenure Completion
- Ajayan Mangalath Gopalakrishnan Nair, left 12 Dec 2025: Tenure Completion
- Gabriel John Samuel, left 12 Dec 2025: Tenure Completion
- Joseph Vadakkekara Antony, left 17 Nov 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 Jun 20268 of 8 present5 independent · 24 days in between
- 4 Jun 20268 of 8 present5 independent · 34 days in between
- 30 Apr 20268 of 8 present5 independent · 61 days in between
- 27 Feb 20269 of 9 present6 independent · 27 days in between
1 earlier meeting
- 30 Jan 20269 of 9 present6 independent
Audit Committee
Chair Kolasseril Chandramohanan Ranjani
Ajay Sharma, Vinod Vijayalekshmi Vasudevan
- 3 Jun 20263 of 3 present3 independent · 33 days in between
- 30 Apr 20263 of 3 present3 independent · no day in between
- 29 Apr 20263 of 3 present3 independent · 61 days in between
- 26 Feb 20263 of 3 present3 independent · 26 days in between
2 earlier meetings
- 30 Jan 20263 of 3 present3 independent · 1 day in between
- 28 Jan 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Biju Varkkey
Kolasseril Chandramohanan Ranjani, Karthikeyan Manickam
- 29 Jun 20263 of 3 present3 independent · 25 days in between
- 3 Jun 20263 of 3 present3 independent · 33 days in between
- 30 Apr 20263 of 3 present3 independent · 62 days in between
- 26 Feb 20263 of 3 present3 independent · 27 days in between
1 earlier meeting
- 29 Jan 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair George Ittan Maramkandathil
Kolasseril Chandramohanan Ranjani, Kadambelil Paul Thomas
- 28 Apr 20263 of 3 present1 independent · 60 days in between
- 26 Feb 20264 of 4 present2 independent
Risk Management Committee
Chair Ajay Sharma
Kolasseril Chandramohanan Ranjani, Kadambelil Paul Thomas, Karthikeyan Manickam
- 2 Jun 20264 of 4 present3 independent · 96 days in between
- 25 Feb 20264 of 4 present3 independent · 27 days in between
- 28 Jan 20264 of 4 present3 independent
Corporate Social Responsibility Committee
Chair Karthikeyan Manickam
George Ittan Maramkandathil, Kadambelil Paul Thomas
- 28 Apr 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Jun 2026.
- Kirtane & Pandit LLPPeer-review certificate valid to Dec 2028
- M/S Sundaram & SrinivasanPeer-review certificate valid to Sep 2027
2 earlier auditors
- Sundaram & SrinivasanNamed in filings from Sep 2025 to Dec 2025
- Abarna & AnanthanNamed in filings from Mar 2025 to Jun 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
ESAF Small Finance Bank AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.ESAF Small Finance Bank dividend history
Annual general meeting, 14 Aug 2026
1,09,709 shareholders on the register on 7 Aug 2026; present: 8 promoters and 113 others; votes counted by Arun K Kamalolbhavan / Mehta & Mehta.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone Audited Financial Statements of the Bank for the Financial year ended 31st March, 2026, together with the schedules and annexures thereto, reports of the Board of Director’s and the Auditor’s thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.16% · promoters 41.11% · institutions 25.86% · other public 33.95%
- To re-appoint Shri. George Ittan Maramkandathil (DIN: 11193648), Non – Executive Director who retires by rotation this year, and being eligible, offered himself for re-appointment.Ordinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 38.52% · promoters 41.11% · institutions 34.89% · other public 33.95%
To appoint M/s. Rodi Dabir & Co, Chartered Accountants (Firm Registration Number: 108846W), as one of the Joint Statutory Auditors of the Bank to hold office for a period of Three (3) consecutive financial years, who shall hold office from the conclusion of the 10th Annual General Meeting until the conclusion of the 13th Annual General Meeting of the Bank and to authorize the Board of Directors of the Bank to fix their remuneration.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.52% · promoters 41.11% · institutions 34.89% · other public 33.95%
- Appointment of Shri. Hari Velloor ( DIN : 11650530) as Non – Executive Director of the Bank.Ordinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 38.52% · promoters 41.11% · institutions 34.89% · other public 33.95%
- Appointment of Shri. Ashok Tukaram Dhamankar (DIN: 03066552) as Non – Executive Independent Director of the Bank.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 38.52% · promoters 41.11% · institutions 34.89% · other public 33.95%
- Re-appointment of Prof. Biju Varkkey (DIN: 01298281) as Non – Executive Independent Director of the Bank.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 38.52% · promoters 41.11% · institutions 34.89% · other public 33.95%
- Revision of Remuneration of Dr. Kadambelil Paul Thomas (DIN : 00199925), Managing Director and CEO of the Bank.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 38.52% · promoters 41.11% · institutions 34.89% · other public 33.95%
- Revision of Remuneration of Shri. George Kalaparambil John (DIN : 00694646), Executive Director of the Bank.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 38.52% · promoters 41.11% · institutions 34.89% · other public 33.95%
- Borrowing / raising of funds, by issue of debt securities on a Private Placement basis.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.52% · promoters 41.11% · institutions 34.89% · other public 33.95%
- Amendment to the Articles of Association of the BankSpecialPromoters have an interest in it99.69% for0.31% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 12.52% · promoters 0.00% · institutions 34.89% · other public 33.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 12 Dec 2025, 4 resolutions
1,15,253 shareholders on the register on 11 Nov 2025; votes counted by Mr. N. Balasubramanian / BVR and Associates.The company's voting result (opens in a new tab)
- Increase in Authorised Share Capital and Consequent Alteration to the Capital Clause of the Memorandum of Association (MOA) of the Bank.Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 31.98% · promoters 41.08% · institutions 58.91% · other public 9.31%
- Appointment of Shri. Karthikeyan Manickam (DIN: 09450145) as Non-Executive Independent Director of the Bank.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 31.98% · promoters 41.08% · institutions 58.91% · other public 9.31%
- Re-Appointment of Ms. Kolasseril Chandramohanan Ranjani (DIN: 01735529) as Non-Executive Independent Director of the Bank.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 31.98% · promoters 41.08% · institutions 58.91% · other public 9.31%
- Appointment of Shri. Ajay Sharma (DIN: 06417150) as Non-Executive Independent Director of the Bank.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 31.98% · promoters 41.08% · institutions 58.91% · other public 9.31%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 24 Sep 2025, 6 resolutions
1,16,825 shareholders on the register on 17 Sep 2025; present: 7 promoters and 105 others; votes counted by Mr.Akash Binoy / Akash Binoy & Associates, Company Secretaries.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone Audited Financial Statements of the Bank for the Financial year ended March 31, 2025, together with the schedules and annexures thereto, reports of the Board of Director’s and the Auditor’s thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 40.93% · promoters 41.07% · institutions 51.94% · other public 38.83%
- To re-appoint Dr. Joseph Vadakkekara Antony (DIN: 00181554), who retires by rotation this year, and being eligible, offered himself for re-appointment .Ordinary99.85% for0.15% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 40.93% · promoters 41.07% · institutions 51.94% · other public 38.83%
To appoint M/s. Sundaram & Srinivasan, Chartered Accountants (Firm Registration Number: 004207S), as one of the Joint Statutory Auditors of the Bank to hold office for a period of 3 (Three) consecutive financial years, who shall hold office from the conclusion of the 09th Annual General Meeting until the conclusion of the 12th Annual General Meeting of the Bank and to authorize the Board of Directors of the Bank to fix their remuneration.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 40.93% · promoters 41.07% · institutions 51.94% · other public 38.83%
- Appointment of Shri. George Ittan Maramkandathil (DIN: 11193648) as Non-Executive Director of the Bank.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 40.93% · promoters 41.07% · institutions 51.94% · other public 38.83%
To appoint M/s. SEP and Associates, (Firm Registration No: P2019KE075600), as the Secretarial Auditors of the Bank to hold office for a period of 5 (five) consecutive financial years, who shall hold office from the conclusion of the 09th Annual General Meeting until the conclusion of the 14th Annual General Meeting of the Bank and to authorize the Board of Directors of the Bank to fix their remuneration.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 40.93% · promoters 41.07% · institutions 51.94% · other public 38.83%
- Borrowing / raising of funds, by issue of debt securities on a Private Placement basis.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 42.88% · promoters 41.07% · institutions 89.75% · other public 38.83%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 14 Aug 2024, 10 resolutions
Present: 7 promoters and 84 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone Audited Financial Statements of the Bank for the Financial year ended March 31, 2024, together with the schedules and annexures thereto, reports of the Board of Director’s and the Auditor’s thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 40.62% · promoters 41.01% · institutions 73.49% · other public 31.35%
- To re-appoint Shri. Ajayan Mangalath Gopalakrishnan Nair (DIN: 09782416), who retires by rotation this year, and being eligible, offered himself for re-appointment.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 25.06% · promoters 16.47% · institutions 73.49% · other public 31.35%
- To declare dividend on equity shares for the financial year 2023-24.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 42.13% · promoters 41.01% · institutions 93.78% · other public 31.35%
- Re-appointment of Shri. Kadambelil Paul Thomas (DIN: 00199925) as the Managing Director and CEO of the Bank and approval of revision of remuneration.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 40.62% · promoters 41.01% · institutions 73.49% · other public 31.35%
- Appointment of Shri. George Kalaparambil John (DIN:00694646) as a Whole-time Director, designated as Executive Director, of the Bank and approval of remuneration.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 40.61% · promoters 41.01% · institutions 73.49% · other public 31.34%
- Re-appointment of Dr. Vinod Vijayalekshmi Vasudevan (DIN: 02503201) as Non-Executive Independent Director of the Bank.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 40.62% · promoters 41.01% · institutions 73.49% · other public 31.35%
- To borrow in excess of the paid-up share capital and free reserves and securities premium of the Bank under Section 180(1)(c) of the Companies Act, 2013.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 40.62% · promoters 41.01% · institutions 73.49% · other public 31.35%
- Borrowing / raising of funds, by issue of debt securities on a Private Placement basis.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 40.62% · promoters 41.01% · institutions 73.49% · other public 31.35%
- Material Related Party Transactions for Acceptance of Deposits in Current / Savings Account or any other similar accounts permitted to be opened under applicable laws.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 14.62% · promoters 0.00% · institutions 73.49% · other public 31.35%
- Fee for obtaining physical copies of documents.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 40.62% · promoters 41.01% · institutions 73.49% · other public 31.35%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Dec 2023, 11 resolutions
Present: 5 promoters and 57 others.The company's voting result (opens in a new tab)
1 - To receive, consider and adopt the Standalone Audited Financial Statements of the Bank for the Financial year ended March 31, 2023, together with the schedules and annexures thereto, the reports of the Board of Director’s and the Auditor’s thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.40% · promoters 41.02% · institutions 68.56% · other public 45.27%
- 2 - To re-appoint Shri. John Samuel (DIN: 07725212), who retires by rotation this year, and being eligible, offered himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 45.40% · promoters 41.02% · institutions 68.56% · other public 45.27%
3 - To appoint M/s. Kirtane and Pandit, Chartered Accountants (Firm Registration Number: 105215W/W100057), as one of the Joint Statutory Auditors of the Bank and fixing of remuneration of Joint Statutory AuditorsMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 44.72% · promoters 41.02% · institutions 62.98% · other public 45.27%
- 4 - Appointment of Shri. Biju Varkkey (DIN: 01298281) as Non-Executive Independent Director of the Bank.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 45.40% · promoters 41.02% · institutions 68.56% · other public 45.27%
- 5 - Appointment of Dr. Joseph Vadakkekara Antony (DIN: 00181554) as Non-Executive Director of the Bank.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 44.72% · promoters 41.02% · institutions 62.98% · other public 45.27%
- 6 - Revision of Remuneration of Shri. Kadambelil Paul Thomas (DIN: 00199925), Managing Director and Chief Executive Officer of the Bank.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 44.72% · promoters 41.02% · institutions 62.98% · other public 45.27%
- 7 - Borrowing / raising of funds, by issue of debt securities on a Private Placement basis.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 45.40% · promoters 41.02% · institutions 68.56% · other public 45.27%
- 8 - Ratification and Amendment of “ESAF SMALL FINANCE BANK EMPLOYEES STOCK OPTION PLAN 2019” (ESAF ESOP PLAN-2019” / “ESOP 2019” / “the Plan”.Special99.60% for0.40% against
Against: promoters 0.00% · institutions 2.33% · other public 0.01%
Turnout: all 44.72% · promoters 41.02% · institutions 62.98% · other public 45.27%
- 9 - Material Related Party Transactions for Acceptance of Deposits in Current / Savings Account or any other similar accounts permitted to be opened under applicable laws.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 17.80% · promoters 0.00% · institutions 62.98% · other public 41.52%
- 10 - Material Related Party Transactions in relation to engaging of Business Correspondent of the Bank.OrdinaryPromoters have an interest in it99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 17.83% · promoters 0.00% · institutions 62.98% · other public 41.64%
- 11 - Related Party Transactions pertaining to payment of Trademark License Fee.OrdinaryPromoters have an interest in it96.27% for3.73% against
Against: promoters 0.00% · institutions 8.63% · other public 0.28%
Turnout: all 18.49% · promoters 0.00% · institutions 62.98% · other public 44.33%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 12 Dec 2025, 1 fund house
- Increase in Authorised Share Capital and Consequent Alteration to the Capital Clause of the Memorandum of Association (MOA) of the Bank.1 for0 against
- Appointment of Shri. Karthikeyan Manickam (DIN: 09450145) as Non-Executive Independent Director of the Bank.1 for0 against
- Re-Appointment of Ms. Kolasseril Chandramohanan Ranjani (DIN: 01735529) as Non-Executive Independent Director of the Bank.1 for0 against
- Appointment of Shri. Ajay Sharma (DIN: 06417150) as Non-Executive Independent Director of the Bank.1 for0 against
Mutual fund votes, meeting of 24 Sep 2025, 1 fund house
To receive, consider and adopt the Standalone Audited Financial Statements of the Bank for the Financial year ended March 31, 2025, together with the schedules and annexures thereto, reports of the Board of Director’s and the Auditor’s thereon.MoreLess
1 for0 against- To re-appoint Dr. Joseph Vadakkekara Antony (DIN: 00181554), who retires by rotation this year, and being eligible, offered himself for re-appointment .1 for0 against
To appoint M/s. Sundaram & Srinivasan, Chartered Accountants (Firm Registration Number: 004207S), as one of the Joint Statutory Auditors of the Bank to hold office for a period of 3 (Three) consecutive financial years, who shall hold office from the conclusion of the 09th Annual General Meeting until the conclusion of the 12th Annual General Meeting of the Bank and to authorize the Board of Directors of the Bank to fix their remuneration.MoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundPeriod of shareholder approval exceeds the period of RBI approval. Concern arising due to inconsistency in legal provisions
0 for1 against- Appointment of Shri. George Ittan Maramkandathil (DIN: 11193648) as Non-Executive Director of the Bank.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with Law. Transparency concern: No clarity on terms of appointment u/s 152 of Companies Act, 2013.
0 for1 against To appoint M/s. SEP and Associates, (Firm Registration No: P2019KE075600), as the Secretarial Auditors of the Bank to hold office for a period of 5 (five) consecutive financial years, who shall hold office from the conclusion of the 09th Annual General Meeting until the conclusion of the 14th Annual General Meeting of the Bank and to authorize the Board of Directors of the Bank to fix their remuneration.MoreLess
1 for0 against- Borrowing / raising of funds, by issue of debt securities on a Private Placement basis.1 for0 against
1 earlier meeting
Mutual fund votes, meeting of 14 Aug 2024, 3 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Standalone Audited Financial Statements of the Bank for the Financial year ended March 31, 2024, together with the schedules and annexures thereto, reports of the Board of Director’s and the Auditor’s thereon.MoreLess
3 for0 against- To re-appoint Shri. Ajayan Mangalath Gopalakrishnan Nair (DIN: 09782416), who retires by rotation this year, and being eligible, offered himself for re-appointment.3 for0 against
- To declare dividend on equity shares for the financial year 2023-24.3 for0 against
- Re-appointment of Shri. Kadambelil Paul Thomas (DIN: 00199925) as the Managing Director and CEO of the Bank and approval of revision of remuneration.3 for0 against
- Appointment of Shri. George Kalaparambil John (DIN:00694646) as a Whole-time Director, designated as Executive Director, of the Bank and approval of remuneration.3 for0 against
- Re-appointment of Dr. Vinod Vijayalekshmi Vasudevan (DIN: 02503201) as Non-Executive Independent Director of the Bank.3 for0 against
- To borrow in excess of the paid-up share capital and free reserves and securities premium of the Bank under Section 180(1)(c) of the Companies Act, 2013.3 for0 against
- Borrowing / raising of funds, by issue of debt securities on a Private Placement basis.3 for0 against
- Material Related Party Transactions for Acceptance of Deposits in Current / Savings Account or any other similar accounts permitted to be opened under applicable laws.3 for0 against
1 proposal not matched to one resolution
To charge from the member such fees in advance equivalent to estimated actual expenses of delivery of the documents delivered through registered post or speed post or by courier service or such other mode of delivery of documents pursuant to any request by the shareholder for delivery of documents, through a particular mode of service mentioned above provided such request along with requisite fees has been duly received by the Bank at least 10 days in advance of dispatch of documents by the Bank to the shareholder.MoreLess
3 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeIncome Tax DepartmentSince 22 Sep 2022
There is no change in the status of the litigation/dispute. - Based on the Return of Income filed by the Bank for the Assessment Year 2020-21, a demand notice and notice for penalty, each dated September 22, 2022 was issued by Assessment Unit, Income Tax Department under Sections 156 and 274 read with Section 270 A of the IT Act, respectively, to the Bank demanding to pay a sum aggregating to ₹217.99 million and to show cause as to why an order imposing penalty under Section 270A of the IT Act should not be passed. This matter is currently pending Commissioner of Income Tax (Appeals).MoreLess
At the filing before: Based on the Return of Income filed by the Bank for the Assessment Year 2020-21, a demand notice and notice for penalty, each dated September 22, 2022 was issued by Assessment Unit, Income Tax Department under Sections 156 and 274 read with Section 270 A of the IT Act, respectively, to the Bank demanding to pay a sum aggregating to ₹217.99 million and to show cause as to why an order imposing penalty under Section 270A of the IT Act should not be passed. This matter is currently pending Commissioner of Income Tax (Appeals).MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.