Capital Small Finance Bank Limited has informed the Exchange regarding Notice of Postal Ballot
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Capital Small Finance Bank has issued a Postal Ballot Notice seeking shareholder approval through remote e-voting (Feb 24 to Mar 25, 2026) for three matters. First, a revision in the remuneration of Mr. Munish Jain, Whole Time Director designated as Executive Director, effective April 01, 2025, with RBI approval: fixed pay reduced from ₹1.6 crore to ₹1.54 crore annually, while variable pay ceiling increased from 92.5% to 105% of fixed pay. Second, re-appointment of Mr. Munish Jain as Executive Director for another 3-year term starting August 28, 2026, subject to RBI approval; he has over 25 years of banking experience and was part of the founding team since 2000. Third, approval of remuneration up to ₹60.5 lakh per annum to Mr. Shahbaz Singh Samra, a Related Party holding an office or place of profit, effective April 01, 2026. The remote e-voting facility is being provided by MUFG Intime India Private Limited, and results are expected by March 27, 2026.
This is a routine governance filing with no negative implications for shareholders. The executive's fixed pay has actually been reduced while the variable portion has been increased, aligning compensation more closely with performance and RBI guidelines on risk-linked pay. Shareholders are being asked to approve continuity of an experienced executive director and standard related-party remuneration.