Capital Small Finance Bank shareholders approve director appointment

Capital Small Finance Bank announced its shareholders have approved the appointment of Bhavdeep Sardana as a non-executive non-independent director. The appointment is effective from August 4, 2025. This resolution was passed via a postal ballot, with results declared on October 24, 2025.

The voting results show strong shareholder support, with 99.964% of valid votes cast in favor of the resolution and only 0.036% against. A total of 252 members voted in favor, representing 2,45,44,040 votes, while 22 members voted against, accounting for 8,725 votes. One member abstained, representing 32 votes. The postal ballot process, scrutinized by Bunny Sehgal of B. Sehgal and Associates, concluded on October 23, 2025, with a record date of September 19, 2025, and 67,952 shareholders on record.