Suryoday Small Finance Bank Ltd

Management changes

• Retirement of John Arunkumar Diaz, Non-Executive Independent Director; ceased Aug 9, 2026 after completing second term.
• Resignation of Krishna Kant Chaturvedi as Company Secretary and KMP; to pursue opportunities outside, effective Aug 12, 2026.

AGM Details

• AGM held on 6 August 2026 at 12:30 IST via VC/OAVM.
• Record date for voting: 30 July 2026; total shareholders on record: 92,034.
• Attendance: Promoter Group 1; Public 52 via VC/OAVM.

Resolutions & Outcomes

• Ordinary: Adopt Audited Financial Statements and Reports — Passed.
• Ordinary: Final dividend of ₹1.50 per share — Passed.
• Ordinary: Re-appointment by rotation of Mr. Ranjit Shah — Passed.
• Special: RBI-approved re-appointment of Independent Director as Non-Executive Part-time Chairman — Passed.
• Special: Remuneration payable to MD & CEO for FY2026-27 — Passed.
• Ordinary: Remuneration to Whole-time Director for FY2026-27 — Passed.
• Special: Raise funds upto ₹300 crore through rights, preferential, QIP or other modes — Passed.
• Special: Issue debt instruments up to ₹200 crore — Passed.
• Special: Amend ESOP Scheme 2019 — Passed.

Director Changes

• Director change: Ranjit Jayant Shah re-appointed as Non-Executive Investor Director; term through 1 Nov 2026.

Meeting Details

• Date and time: July 24, 2026 at 10:00 AM IST.
• Type and mode: Group conference call, virtual.
• Event: 1Q FY27 Earnings Conference Call organised by Suryoday SFB.
• Key company participants: MD & CEO; Executive Director; Chief Financial Officer; Head of Investor Relations.
• Purpose: Discuss unaudited financial results for Q-1 ended June 30, 2026.
• Availability: Details will be posted on the bank's investor website.

Financial performance

• Total income ₹2,519.9 Cr, up ~16% YoY.
• PAT ₹152.0 Cr, up 32.2% YoY.
• NII ₹1,098.7 Cr, down 0.7% YoY.
• ROA 0.9%; ROE 7.6%; NIM 7.3%.
• Yield on loan portfolio 16.8%; cost of funds 7.7%.
• Advances ₹13,261 Cr, deposits ₹13,994 Cr (up 29.4%/32.3%).
• EPS (basic) ₹14.30; diluted ₹14.29.
• CRAR 20.45%; CET1 19.59%; leverage 9.90%.

Capital and liquidity

• NSFR 155.74%; LCR average ~129.8%–158.3% across quarters.
• Borrowings ₹3,122.4 Cr; deposits ₹13,994 Cr.
• Total equity capital rose to ₹10,62.9 Cr with ESOP-driven issuance (5,000 shares).
• Dividend policy: final ₹1.50 per share proposed; record date 17-Jul-2026; payout within 30 days post-AGM.
• ESOP pool 80 Lakhs; 6,15,357 options granted in FY26; outstanding 26,01,280.
• Cap raise enabling resolutions: ₹300 Cr proposal not passed; no equity raised this year.

Asset quality and risk management

• GNPA 6.5%; NNPA 4.2%; PCR 37.3% (CGFMU-driven PCR 96.65%).
• CGFMU coverage ~98% of inclusive finance portfolio; ₹508 Cr receivable under CGFMU; ₹370 Cr claims paid in FY26.
• Collections improved in H2 FY26 to ~99.6–99.7%.
• CGFMU resilience supported by Government guarantees amid MFIs stress.

Dividend and capital allocation

• Final dividend proposed at ₹1.50 per share (15% of face value).
• Record date: Friday, 17 Jul 2026; payout within 30 days after AGM.
• Dividend Distribution Policy published on bank website.
• No interim dividend declared during FY26.

Governance and board

• Board comprised 10 directors; 7 Independent; 1 Woman Independent; 1 MD&CEO; 1 Investor Director.
• Sunil Satyapal Gulati and Alok Sethi appointed as Independent Directors from Mar 12, 2026.
• Drastic governance changes approved: RBC RBI approvals for 3-year terms post-2026.
• Ranjit Shah reappointed as Investor Director; Krishna Prasad Nair reappointed as Part-time Chairman (July 22, 2026).
• MD&CEO remuneration revised to ₹250 Lakh fixed for FY27; RBI approval awaited; ED remuneration ₹190 Lakh for FY27.

ESOPs and employee benefits

• ESOP pool 80 Lakhs; FY26 grants 6,15,357 options; outstanding 26,01,280 options.
• FY25-26 MD&CEO fixed ₹204 Lakh; FY26-27 proposed ₹250 Lakh (RBI approval pending).
• ED fixed ₹175 Lakh; proposed ₹190 Lakh for FY27 (RBI approval awaited).
• Options vest 5-year windows; malus/clawback provisions apply for compensation policy.

CSR and ESG

• CSR spend ₹20.28 Cr; 81,650 beneficiaries across CSR programs.
• Major programs: Ujjwal, Spandan, Swayamshree, Vidya, Udyojika, Adhira.
• CSR governance: CSR & ESG Committee chaired by an Independent Director; policies on ESG disclosed.
• 2,02,76,328 spent; ₹17.46 Cr unspent carried to CSR reserve; 3-state reach.

Digital transformation and customer outreach

• CLOU active customers 5.31 lakh; ₹274 Cr utilized; 11 lakh pre-qualified CLOU customers.
• Digital deposits ₹1,672 Cr; deposits via digital channels ~50% of incremental deposits; 2 million+ digital customers.
• CLOU sanctioned 5.31 Lakh; 2.4 lakh active CLOU users; secured cards supported by FD link.
• Branch network 717 outlets; 197 rural; 383 asset-focused; 132 liability-focused branches.

Requests status

• No dematerialisation/rematerialisation requests were received during the quarter ended 30 June 2026.

Meeting Details

• Date: July 23, 2026; Time: not disclosed; Location: Navi Mumbai.

Key Agenda Items

• Consider and approve unaudited Q-1 2026 financial results for quarter ended June 30, 2026.

Other Notes

• Trading window closed from July 01, 2026 until 48 hours after results announcement.