Key Quantitative Figures
- Total valid votes cast: 22,030,163 (100%)
- Votes in favor of resolution: 21,783,058 (98.8783%)
- Votes against resolution: 247,105 (1.1217%)
- Number of members voting in favor: 176
- Number of members voting against: 48
- Total paid-up capital as of cut-off date (June 19, 2026): 8,32,18,402 shares
- Zero invalid votes were recorded
Dates of Action
- Postal Ballot Notice date: June 24, 2026
- Dispatch/emailing of notice: June 25, 2026
- Cut-off date for membership: June 19, 2026
- Public announcement in newspapers: June 26, 2026
- Remote e-voting period: June 27, 2026 (9:00 AM IST) to July 26, 2026 (5:00 PM IST)
- Scrutinizer report date: July 27, 2026
- MD & CEO reappointment period: May 02, 2026 to May 21, 2026 (both days inclusive)
Parties Involved
- Scrutinizer: M/s Kaushik Joshi & Co., Practising Company Secretaries (Tribhuwneshwar Kaushik and Savyasachi Joshi)
- E-voting service provider: National Securities Depository Limited (NSDL)
- Regulatory recipients: BSE Limited and National Stock Exchange of India Limited
- Company representatives: Basavraj Shivanand Loni, Company Secretary & Compliance Officer
Voting Process Details
The remote e-voting was conducted through NSDL's platform at www.evoting.nsdl.com. The scrutinizer downloaded the e-voting summary statement on July 27, 2026 at 14:35 PM in the presence of two witnesses not employed by the Bank. Newspaper announcements were made in Financial Express, The Free Press Journal (English), and Navshakti (Marathi).
Result Declaration
The resolution for reappointment of Mr. Rishi Gupta (DIN: 01433190) as MD & CEO was passed with requisite majority. The voting results and scrutinizer's report are available on the Bank's website (www.fino.bank.in), NSDL's website (https://www.evoting.nsdl.com), and the notice board of the Bank's registered office in Navi Mumbai.