Meeting Details

The 10th Annual General Meeting of Ujjivan Small Finance Bank Limited was held on Friday, July 24, 2026, from 03:30 P.M. IST to 04:09 P.M. IST (39 minutes duration). The meeting was conducted through Video Conferencing/Other Audio-Visual Means in compliance with the Companies Act, 2013 and relevant SEBI circulars.

Attendance

  • Chairman: Mr. Banavar Anantharamaiah Prabhakar (Part Time Chairman & Independent Director)
  • Directors Present: 7 directors including Mr. Sanjeev Nautiyal (MD & CEO), Ms. Carol Furtado (WTD), and independent directors Ms. Rajni Mishra, Ms. Sudha Suresh, Mr. Rajesh Jogi, and Mr. Aniruddha Paul
  • Management Team: Mr. S Balakrishna Kamath (CFO) and Mr. Sanjeev Barnwal (Company Secretary & Head of Regulatory Framework)
  • Other Invitees: Representatives from Joint Statutory Auditors (Deloitte Haskins and Sells, Abarna and Ananthan), Secretarial Auditor (Mr. K Jayachandran), and Scrutinizer (Mr. Pradeep B Kulkarni of V Sreedharan and Associates)
  • Members Present: 68 members attended through VC/OAVM
  • Total Shareholders on Record Date: 772,342

Voting Process

The remote e-voting period commenced on Tuesday, July 21, 2026, at 9:00 A.M. IST and ended on Thursday, July 23, 2026, at 5:00 P.M. IST. The cut-off date for determining voting rights was July 17, 2026. KFin Technologies Limited provided the e-voting facilities.

Resolutions and Voting Results

Item 1: Adoption of Audited Financial Statements for FY 2025-26 (Ordinary Resolution)

  • Voted in Favor: 870 members holding 89,41,25,145 shares (99.98% of valid votes)
  • Voted Against: 20 members holding 8,793 shares (0.02% of valid votes)
  • Abstained: 10 shareholders holding 14,52,234 shares
  • Result: PASSED

Item 2: Reappointment of Mr. Sanjeev Nautiyal as MD & CEO (Ordinary Resolution)

  • Voted in Favor: 848 members holding 88,98,40,105 shares (99.81% of valid votes)
  • Voted Against: 46 members holding 16,58,266 shares (0.19% of valid votes)
  • Abstained: 9 shareholders holding 40,87,854 shares
  • Result: PASSED

Item 3: Amendment to Ujjivan Small Finance Bank Employee Stock Option Plan, 2019 (Special Resolution)

  • Voted in Favor: 822 members holding 87,28,32,015 shares (97.63% of valid votes)
  • Voted Against: 69 members holding 2,11,08,768 shares (2.36% of valid votes)
  • Abstained: 14 shareholders holding 16,45,484 shares
  • Result: PASSED

Item 4: Approval of Ujjivan Restricted Stock Units Plan - 2026 (Special Resolution)

  • Voted in Favor: 778 members holding 80,76,26,985 shares (91.35% of valid votes)
  • Voted Against: 118 members holding 7,64,72,529 shares (8.65% of valid votes)
  • Abstained: 13 shareholders holding 1,14,86,763 shares
  • Result: PASSED

Item 5: Raising of Funds up to ₹2,000 Crores via QIP (Special Resolution)

  • Voted in Favor: 833 members holding 87,87,46,859 shares (98.27% of valid votes)
  • Voted Against: 59 members holding 1,53,85,586 shares (1.73% of valid votes)
  • Abstained: 12 shareholders holding 14,53,822 shares
  • Result: PASSED

Item 6: Payment of Annual Fixed Remuneration to Mr. B.A. Prabhakar (Ordinary Resolution, subject to RBI approval)

  • Voted in Favor: 847 members holding 89,41,15,862 shares (99.98% of valid votes)
  • Voted Against: 42 members holding 17,747 shares (0.02% of valid votes)
  • Abstained: 14 shareholders holding 14,52,650 shares
  • Result: PASSED

Item 7: Payment of Annual Fixed Remuneration to Non-Executive Directors (excluding Chairman) (Ordinary Resolution)

  • Voted in Favor: 847 members holding 89,34,19,634 shares (99.98% of valid votes)
  • Voted Against: 41 members holding 18,930 shares (0.02% of valid votes)
  • Abstained: 14 shareholders holding 21,47,698 shares
  • Result: PASSED

Additional Proceedings

The Company Secretary confirmed that the Statutory Auditors and Secretarial Auditor expressed unqualified and unmodified opinions without any reservation or adverse remarks in their respective reports for FY 2025-26.

A Q&A session was conducted where members' queries, feedback, and suggestions were addressed by the Chairman and management team.