Capital Small Finance Bank board approves reclassification of promoter to public shareholder

On September 18, 2025, Capital Small Finance Bank's board of directors approved reclassification requests from Dinesh Gupta ("outgoing promoter") and his promoter group to "public shareholder" status. This decision follows applications received on September 12, 2025, citing extensive engagements of the outgoing promoter in professional and family pursuits.

The reclassified individuals and entities include Dinesh Gupta (295,920 shares, 0.65%), Dinesh Gupta HUF (30,333 shares, 0.07%), Deepali Gupta (2,890 shares, 0.01%), Raman Kumar Gupta (1,000 shares, 0.00%), Minni Gupta (5,300 shares, 0.01%), and Gaurav Mittal (100 shares, 0.00%). The cumulative holding of these reclassified members is 335,543 shares, representing 0.74% of the total.

The board confirmed that the outgoing promoter and promoter group do not hold more than ten percent of voting rights, do not exercise control over the company's affairs, and are not represented on the board of directors. An application will be filed with the stock exchanges for approval, and no shareholder approval is required as the cumulative shareholding is less than 1%.