Fino Payments Bank: Postal Ballot approves MD and CEO re-appointment

Board & Shareholder Meetings View source PDF

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AI summary

Fino Payments Bank shareholders approved the re-appointment of Mr. Rishi Gupta as MD and CEO for the short period May 2 to May 21, 2026 through a postal ballot. The resolution passed with 98.88 percent votes in favour (about 2.18 crore shares) and 1.12 percent against. Overall polling was 26.47 percent of paid-up capital. Promoters and public institutions voted fully in favour, while non-institutional public shareholders showed about 69 percent dissent on their polled shares.

Likely market impact

Formally ratifies Mr. Rishi Gupta's brief MD and CEO tenure. Routine governance item with no change to leadership or business direction.