Utkarsh Small Finance Bank Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
UTKARSHBNK · price
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Utkarsh Small Finance Bank has announced the results of its postal ballot conducted via electronic voting between January 30 and February 28, 2026. Three resolutions were approved by shareholders with overwhelming majorities: (1) appointment of Dr. Ram Jass Yadav as Non-Executive Non-Independent Director (99.95% in favour), (2) re-appointment of Mr. Ajay Kumar Kapur as Independent Director (99.88% in favour), and (3) payment of remuneration to MD & CEO Mr. Govind Singh for FY 2025-26 (99.88% in favour). Out of 2,86,316 eligible members holding 177.95 crore shares, only 610 members representing 53.5% of total shares participated in the e-voting. All resolutions were deemed passed on February 28, 2026, and scrutinized by BNP & Associates.
These are routine corporate governance approvals with near-unanimous shareholder support, indicating strong confidence in the board and management. No material change for shareholders — the CEO continues in his role with approved compensation, and a new director has been added to the board.