Ujjivan Small Finance Bank Limited has informed the Exchange regarding Change in Auditors of the company.
UJJIVANSFB · price
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Ujjivan Small Finance Bank has appointed Mr. K Jayachandran, a Practising Company Secretary based in Bangalore, as its Secretarial Auditor. The appointment was approved by shareholders at the bank's 9th Annual General Meeting held on June 27, 2025. Mr. Jayachandran brings over 37 years of experience in corporate law, with expertise in secretarial audits, FEMA, SEBI regulations, and NCLT matters. He will serve for a term of five consecutive financial years, from FY 2025-26 through FY 2029-30. This is a routine appointment of a secretarial auditor (not the statutory auditor), which all listed companies are required to maintain for compliance purposes.
This is a routine regulatory compliance appointment and is unlikely to have any material impact on shareholders or the stock price. Secretarial auditors ensure the company follows corporate governance and regulatory norms, so the appointment supports continued compliance.