Board fixes Jul 17 2026 as dividend record date, seeks Rs 500 Cr fundraise nod

Corporate Actions View source PDF Explain this filing

SURYODAY · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹171.50

prior close

₹173.49

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+1.3% vs market

Other Bank peers, median of 8sector-0.3%+1.3% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.3 pts more than its Other Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

+0.2

15m

+2.7

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1-0.3+1.3-0.3+1.3

Next day

+2.5+0.8+1.8-0.0+2.5

+3.9+0.9+3.0+2.1+1.8

+7.5+1.8+5.7+3.2+4.3

+6.7+1.5+5.3+3.3+3.4

+5.3+1.7+3.7+2.3+3.1

+2.6-1.1+3.7-0.0+2.6

15d

+7.2+1.0+6.2+9.0-1.8

-5.1+0.4-5.5+8.5-13.7

-10.0+6.4-16.4+4.1-14.1

-16.3+5.5-21.8-1.8-14.5

UpDownMarket · Nifty Microcap 250Sector · Other Bank peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved: record date Jul 17, 2026 for final dividend (subject to AGM approval). Also seeking shareholder approval to raise up to Rs 300 Cr via equity, warrants or other securities through Rights, Preferential, QIP or any mode (Tier-1 capital), plus up to Rs 200 Cr via Tier-2 debt. Re-appointed Mr. Ranjit Shah as director till Nov 1, 2026. Modified ESOP 2019 scheme. 18th AGM set for Aug 6, 2026 via video conferencing.

Likely market impact

Shareholders on record by Jul 17 get the dividend. Equity fundraise of up to Rs 300 Cr could dilute existing holders if priced low.