Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Ujjivan Small Finance Bank Limited
Meeting Details
Date: Friday, November 13, 2026
Time: 03:30 PM IST to 03:56 PM IST
Location: Conducted through Video Conferencing/Other Audio-Visual Means
Type of Meeting: Extraordinary General Meeting
Proposed Resolutions and Implications
The EGM considered one special resolution:
Item No. 1 - Special Resolution: Approval for offer and issuance of up to 6,31,91,619 Equity Shares by way of a preferential issue and circulation of private placement offer letter.
This resolution authorizes the bank to raise capital through preferential allotment of approximately 6.32 crore equity shares, which would dilute existing shareholding but provide fresh capital for the bank's operations.
Voting Process and Methods
The voting was conducted through:
- Remote e-voting: Period from Tuesday, November 10, 2026 at 9:00 AM IST to Thursday, November 12, 2026 at 5:00 PM IST
- E-voting during EGM: Facility available for members attending the meeting who had not voted during remote e-voting period
Cut-off date for determining voting eligibility was Friday, November 06, 2026. The e-voting system was provided by KFin Technologies Limited.
Key Voting Outcomes
Resolution No. 1: Preferential Issue Approval
Total Votes Cast: 89,08,83,708 votes
In Favor of Resolution:
- Number of Members: 543
- Number of Votes: 82,98,00,527
- Percentage of Total Valid Votes: 93.14%
Against Resolution:
- Number of Members: 57
- Number of Votes: 6,10,83,181
- Percentage of Total Valid Votes: 6.86%
Invalid Votes: Nil
Abstentions: 7 shareholders holding 1,340 shares abstained from voting
No votes were cast during the EGM through Instapoll facility - all voting occurred during the remote e-voting period.
Participation Breakdown
52 members attended the meeting through Video Conferencing/Other Audio-Visual Means. Quorum was confirmed as per Section 103 of Companies Act, 2013.
Scrutinizer's Role and Findings
Mr. Pradeep B Kulkarni of M/s. V Sreedharan and Associates was appointed as Scrutinizer. His responsibilities included:
- Scrutinizing the remote e-voting process
- Scrutinizing the EGM voting process
- Submitting report on voting results
The scrutinizer confirmed that:
- Remote e-voting was unblocked on November 13, 2026 at 3:56 PM IST
- Voting rights were reckoned as on the cut-off date of November 06, 2026
- Notice of EGM and e-voting instructions were sent electronically to members
- The electronic data and records will be handed over to the Company Secretary for preservation
Compliance Confirmation
The meeting was conducted in compliance with:
- Companies Act, 2013 and rules made thereunder
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Circulars issued by Ministry of Corporate Affairs and SEBI
- Latest applicable circulars including General Circular Nos. 14/2020, 17/2020, and 03/2025 from MCA, and SEBI Circulars dated May 12, 2020 and October 03, 2024
Additional Information
The intimation is available on the bank's website at www.ujjivansfb.bank.in. The results will be disclosed to stock exchanges and made available on the bank's website within 2 working days.
Directors and Management Present
Directors Present:
- Mr. B.A. Prabhakar (Part Time Chairman & Independent Director)
- Ms. Carol Furtado (WTD & Interim CEO)
- Ms. Rajni Mishra (Independent Director)
- Ms. Sudha Suresh (Independent Director)
- Mr. Rajesh Jogi (Independent Director)
- Mr. Aniruddha Paul (Independent Director)
Management Team Present:
- Mr. S Balakrishna Kamath (Chief Financial Officer)
- Mr. Sanjeev Barnwal (Company Secretary & Head of Regulatory Framework)
Other Invitees: Representatives of Auditors and Scrutinizer