Please find attached herewith Intimation regarding Postal Ballot Notice of the Bank.
SURYODAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suryoday Small Finance Bank is seeking shareholder approval via postal ballot for appointing Mr. Sunil Satyapal Gulati and Mr. Alok Sethi as Independent Directors for 5 years each (March 12, 2026 to March 11, 2031). Both directors were appointed as Additional Directors on March 12, 2026, and this postal ballot is to regularize their appointments. Mr. Gulati brings experience in investment banking, corporate finance, and risk management, while Mr. Sethi has expertise in asset management operations, technology, and large-scale transformation. Both have been assessed as Fit and Proper persons by the Nomination and Remuneration Committee. E-voting runs from May 10, 2026 to June 8, 2026, with cut-off date May 1, 2026.
Approval of these appointments will strengthen the bank's board with experienced independent directors, potentially having a positive impact on governance and investor confidence. Both resolutions require special resolutions (special business).