AU Small Finance Bank Ltd

AU Small Finance Bank Limited trading window closed from Thursday, October 1, 2026 till 48 hours after declaration of financial results of the Bank for the quarter and half year ending on September 30, 2026

Head of Internal Audit re-appointment

• Re-appointment of Vinay Vaish as Head of Internal Audit for one year from Oct 7, 2026.
• Designation remains Head of Internal Audit (Senior Management Personnel).
• Effective date aligns with completion of current term on Oct 6, 2026.
• Approved on recommendations of Audit Committee and Nomination and Remuneration Committee.

Business overview

• Retail-led bank with diversified secured asset book and pan-India distribution.
• In-principle approval for transition to Universal Bank; RBI license under consideration.
• Digital-first platform with AU0101 app driving majority of activity.

Operational highlights

• States added for expansion: AP, TL, TN, KA, UP, WB, BH/JH, OD.
• AU0101: 18.4 L MAU, 3.22 L DAU; 95%+ transactions on AU0101; 90%+ service interactions.
• Wheels disbursed ₹400 Cr YTD; Cross Lead ₹500 Cr+ disbursed; cross-sell ₹155 Cr in Jul-2026.

Financial performance & asset quality

• Deposits CAGR 45%, Loans CAGR 34%; RoA 1.6%, RoE 14.2%.
• Retail loan share ~74%; secured book >90%.
• Digital and tech-driven efficiency with 99.9% uptime and 200+ APIs.

Strategic priorities & outlook

• Invest in technology & AI; 70% cloud footprint; in-principle UB license.
• Scale deposits, expand asset franchise, and deepen cross-sell via agentic AI.
• ROI targets for AI: 2.3x within 13 months; ₹3,000 Cr+ tech investment.

Governance & leadership

• Board strengthened; 3 new independent directors added; MD-tenure extended.
• Application for final UB licence; governance framework aligned with AI governance.

Risks & mitigants

• Macro risks: geopolitical uncertainty, inflation, weather disruptions; diversified loan mix.
• AI governance and security measures: zero-trust, advanced fraud detection.

ESOP allotment

• AU Small Finance Bank allotted 3,78,830 equity shares on September 22, 2026 pursuant to ESOP exercise.
• Paid-up share capital increases from Rs 7,50,98,97,650 to Rs 7,51,36,85,950.

Meeting Details

• Date: September 24, 2026; time not disclosed.
• Type/Mode: Group meeting, physical.
• Organiser: ICICI Securities.
• Location: Mumbai.
• Purpose: Analysts/institutional investor meet.

Senior Management Appointment

• Appointment of Anil Agarwal as Senior Executive Group Head, Commercial and Institutional Banking (SMP), effective Sept 14, 2026.
• Board approved the appointment on recommendation of the Nomination and Remuneration Committee.
• Candidate has nearly three decades in banking; previously led roles at Axis Bank and IFCI.
• Disclosure under Regulation 30 given; annexure details included.
• No remuneration specifics disclosed in filing.

Regulatory approval

• RBI approved I-Pru AMC and related schemes to acquire up to 9.95% stake in AU SFB.
• Approval letter dated September 8, 2026.
• Subject to compliance with Banking Regulation Act, RBI directions, FEMA, SEBI regulations, and other statutes.
• Approval is regulatory and subject to compliance; not a guarantee of completion.

Capital / Securities

• Allotted 4,11,669 equity shares on Sep 8, 2026 under ESOPs 2016, 2018, 2020, 2023.
• Breakdown by ESOP: 2016-14,111; 2018-18,828; 2020-2,15,966; 2023-1,62,764.
• Paid-up capital rises from Rs 7,50,57,80,960 to Rs 7,50,98,97,650.

Meeting Details

• UBS India Summit 2026 — Sept 10, 2026; Physical; Mumbai; Individual & Group meeting.
• Jefferies 5th India Forum — Sept 17, 2026; Physical; Delhi; Individual & Group meeting.
• J.P. Morgan India Conference — Sept 21, 2026; Physical; Mumbai; Individual & Group meeting.
• BofA Asia Pacific Conference — Sept 21, 2026; Physical; Hong Kong; Individual & Group meeting.
• CLSA 33rd Investor Forum in HK — Sept 22-23, 2026; Physical; Hong Kong; Individual & Group meeting.

Purpose

• Purpose: Schedule of Analysts / Institutional Investor Meets.

Participants

• Bank management/IR team expected to participate; individual names not disclosed.

AGM details

• Date and time: Sept 5, 2026 at 3:00 PM IST via VC/OAVM.

Key resolutions

• Ordinary: Adopt Audited Financial Statements for FY ended Mar 31, 2026 and reports.
• Ordinary: Declare dividend of Rs 1 per equity share of Rs 10 for FY 2025-26.
• Ordinary: Re-appoint Sanjay Agarwal as Director by rotation; eligible.
• Ordinary: Approve remuneration of MD & CEO Sanjay Agarwal.
• Ordinary: Approve variable pay of Uttam Tibrewal for FY 2025-26.
• Special: Enhance borrowing limit up to Rs 30,000 crore under Section 180(1)(c).
• Special: Issue non-convertible debt securities in one or more tranches.
• Special: Raise funds through equity and/or other instruments including QIP.

Voting results

• Item 1 passed; 99.77% in favour, 0.23% against.
• Item 2 passed; 100% in favour, no votes against.
• Item 3 passed; 96.46% in favour, 3.54% against.
• Item 4 passed; 99.15% in favour, 0.85% against.
• Item 5 passed; 99.36% in favour, 0.64% against.
• Item 6 passed; 99.9999% in favour, 0.0001% against.
• Item 7 passed; 99.9999% in favour, 0.0001% against.
• Item 8 passed; 99.8045% in favour, 0.1955% against.

Dividend

• Dividend of Rs 1 per equity share approved.

Director changes

• Sanjay Agarwal re-appointed as Director by rotation.

Other material approvals

• Borrowing limit enhanced to Rs 30,000 crore.
• Issue of non-convertible debt securities in one or more tranches approved.
• Funds raised through equity and other instruments including QIP.