AU Small Finance Bank Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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AU Small Finance Bank announced the results of its Postal Ballot conducted via remote e-voting between January 30 and February 28, 2026. Two special resolutions were passed by shareholders: (1) the appointment of Mr. Phani Shankar (DIN: 09663183) as Independent Director, approved with 99.9998% of votes in favour (only 1,388 shares voted against out of 58.42 crore polled); and (2) amendments to the AU Employees Stock Option Scheme 2023 (AU ESOS 2023), approved with 83.30% of votes in favour. Total shareholder participation was around 78.16% of outstanding shares (74.74 crore total). While the ESOS amendment passed easily, it saw notable dissent of 24.9% from public institutional holders (9.76 crore shares voted against), whereas promoter group and retail public voted nearly unanimously in favour (over 99.99%).
Routine corporate governance update with no immediate material impact on the stock. The near-unanimous approval of the new Independent Director reinforces board continuity, while the sizeable institutional dissent on ESOS amendments is worth noting as a signal of investor caution on management compensation plans.