Capital Small Finance Bank approves dividend at AGM
2 min read Updated on 27 Jun 2026, 05:02 AM
Reviewed byJubin VScanX News Team
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Capital Small Finance Bank Limited successfully concluded its 27th Annual General Meeting on June 25, 2026, with shareholders approving all seven resolutions via video conferencing. The meeting sanctioned the adoption of audited financial statements for the year ended March 31, 2026, and the declaration of a final dividend. Additionally, the re-appointment of Mr. Balbir Singh as Director and the remuneration for key executives, including Mr. Sarvjit Singh Samra and Mr. Munish Jain, were approved with overwhelming majorities.
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Capital Small Finance Bank Limited shareholders approved all seven resolutions placed before the 27th Annual General Meeting (AGM) held on June 25, 2026. The meeting, conducted via video conferencing, saw the adoption of the audited financial statements for the financial year ended March 31, 2026, and the declaration of a final dividend for the same period. The voting process was scrutinized by Bunny Sehgal, a Practising Company Secretary from B. Sehgal and Associates.
The resolution to adopt the audited financial statements received 99.994% of the valid votes cast, with 2,28,64,600 shares voting in favour and 1,469 voting against. The resolution to declare the final dividend was passed with 100% approval from valid votes, securing 2,58,85,044 votes in favour and 84 against. The record date for determining shareholder entitlement was June 18, 2026.
Director Appointments and Remuneration
Mr. Balbir Singh (DIN: 02284941), a Nominee Director, was re-appointed to the Board with 91.284% of the valid votes in favour. The resolution received 2,23,94,560 votes in favour and 21,38,323 votes against. Shareholders also approved the appointment and remuneration of the Statutory Auditors, with 99.997% of valid votes supporting the resolution.
Executive Remuneration
The remuneration of Mr. Sarvjit Singh Samra (DIN: 00477444), Managing Director & Chief Executive Officer, effective from April 01, 2026, was approved with 99.992% of the valid votes. Similarly, the remuneration of Mr. Munish Jain (DIN: 10132430), Whole-time Director designated as Executive Director, also effective from April 01, 2026, was passed with 99.993% approval. The remuneration for non-executive directors was approved with 99.994% of the valid votes.
Voting Summary
| Resolution Description | Votes In Favour | Votes Against | % In Favour |
|---|---|---|---|
| Adopt Audited Financial Statements FY26 | 2,28,64,600 | 1,469 | 99.994 |
| Declare Final Dividend for FY26 | 2,58,85,044 | 84 | 100.00 |
| Re-appoint Mr. Balbir Singh as Director | 2,23,94,560 | 21,38,323 | 91.284 |
| Appoint Statutory Auditors | 2,45,32,152 | 731 | 99.997 |
| Approve MD & CEO Remuneration | 2,24,14,603 | 1,903 | 99.992 |
| Approve Executive Director Remuneration | 2,43,37,059 | 1,711 | 99.993 |
| Approve Non-Executive Director Remuneration | 2,45,26,940 | 1,511 | 99.994 |
The remote e-voting facility was open from June 22, 2026, to June 24, 2026. The total number of shareholders on the record date was 64,471. All resolutions were passed with the requisite majority as certified by the scrutinizer.
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.52% | -6.09% | -0.32% | +6.50% | -3.93% | -35.61% |
How does the 100% approval of the final dividend signal the bank’s confidence in its liquidity and capital adequacy for FY27?
What strategic factors contributed to the significant opposition against Mr. Balbir Singh’s re-appointment compared to other resolutions?
How will the approved remuneration structure for the MD & CEO and Executive Director align with the bank’s performance targets for the upcoming fiscal year?
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