Fino Payments Bank Limited has submitted the Exchange a copy Scrutinizers report of Annual General Meeting held on August 29, 2025. Further, the company has informed the Exchange regarding voting results.
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Fino Payments Bank held its 9th Annual General Meeting on August 29, 2025 via video conferencing, and all 7 resolutions were passed with overwhelming shareholder support. The resolutions covered adoption of audited financial statements for FY25, re-appointment of Mr. Rishi Gupta (director retiring by rotation), appointment and remuneration of Statutory Central Auditors, re-appointment of Mr. Rajat Kumar Jain as Independent Director, approval of fixed remuneration for Non-Executive Independent Directors and the Part-time Chairperson, and appointment of M/s. Alwyn Jay & Co. as Secretarial Auditors. Each resolution received over 99.49% votes in favour, with opposition ranging from just 0.50% to 0.50% of votes cast. Voting was conducted through both remote e-voting (August 26–28) and e-voting at the AGM, with Mr. Tribhuwneshwar Kaushik of M/s. Kaushik Joshi & Co. acting as the scrutinizer. Notably, only about 2.08% of public non-institutional shareholders (around 335,000 shares out of 16.1 million) participated in voting, indicating low retail turnout.
This is a routine, fully successful AGM with no shareholder dissent on any agenda item, including director re-appointments, auditor appointments, and director remuneration. The clean approval of all resolutions reflects stable corporate governance and is unlikely to have any material effect on the stock price.