FINOPBNSEFino Payments Bank LimitedLowNeutral
Announced Fri, 29 Aug · 18:45 IST

Fino Payments Bank Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 29, 2025

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Fino Payments Bank held its 9th AGM on August 29, 2025, at 12:00 noon via video conferencing, with 62 members in attendance. The meeting was chaired by Part-time Chairman and Independent Director Mr. Rajat Kumar Jain, and attended by MD & CEO Mr. Rishi Gupta along with the CFO and Company Secretary; only one nominee director, Mr. Prateek Roongta, was absent. Seven resolutions were proposed, including adoption of FY25 audited financials, re-appointment of Mr. Rishi Gupta (retiring by rotation), re-appointment of Mr. Rajat Kumar Jain as Independent Director, fixation of remuneration for non-executive directors and the part-time chairperson, and appointment of statutory and secretarial auditors. Management noted that both the Statutory and Secretarial Auditor reports had no qualifications, observations, or adverse remarks. Leadership highlighted the bank's focus on digital payments, UPI growth, AI-driven tools, strengthening compliance, and reiterated its aspiration to transition into a Small Finance Bank (SFB). E-voting results are expected to be announced within 2 working days.

Likely market impact

This is a procedural disclosure of AGM proceedings; no material new decisions have been finalised yet, as all resolutions are subject to e-voting results expected within two working days. The repeated emphasis on the SFB transition plan and digital growth strategy is a positive forward-looking signal for shareholders monitoring the bank's long-term direction.