Intimation under Regulation 30 and 24A of the Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015 -Appointment of Chief Audit Officer and Secretarial Auditor of the Bank.
SURYODAY · price
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Suryoday Small Finance Bank has announced two appointments effective from upcoming dates. Mr. Gaurav Pravinbhai Popat, currently Deputy Chief Audit Officer since September 2024, will take over as Chief Audit Officer from June 1, 2025 for a three-year term, replacing Ms. Vibha Gawde who is superannuating on May 31, 2025. Additionally, M/s. Tushar Shridharani & Associates LLP has been appointed as Secretarial Auditor for five consecutive years from FY2025-26 to FY2029-30, subject to shareholder approval at the next AGM. The new CAO is a Chartered Accountant with 19 years of internal audit experience across ICICI Bank, Kotak Mahindra Bank, IDFC Bank, and Jio Payments Bank. The board meeting approving these changes was held on May 8, 2025.
This is a routine governance update — a planned internal succession for the Chief Audit Officer role and a new long-term secretarial auditor appointment. No material impact expected on shareholders or stock price; reflects orderly succession planning.