| Purpose | Announcement Date | Meeting Date |
|---|---|---|
| EGM | 3 Nov 2023 | 27 Nov 2023 |
| We submit herewith the Notice of Extraordinary General Meeting of AU Small Finance Bank Limited (the Bank) scheduled to be held on Monday, November 27, 2023 at 3:00 P.M. (IST) at CP3-235, Industrial Area, Apparel Park, Mahal Road, Jagatpura, Jaipur - 302022, Rajasthan, India. The Notice and instruction for e-voting will also be available on the website of the Bank at https://www.aubank.in/investors/amalgamation-of-fincaresfb-into-ausfb and on the website of NSDL at www.evoting.nsdl.com. The results of voting shall be declared on or before Wednesday, November 29, 2023 and the same will be communicated to Stock Exchanges and will be uploaded on the website of the Bank at www.aubank.in. This is for your information and records. We submit herewith the copies of the newspaper advertisement published by the Bank in all editions of Financial Express in English and in Jaipur & Ajmer Edition of Punjab Kesari in Hindi on November 04, 2023 regarding Notice of Extraordinary General Meeting of the Bank scheduled to be held on Monday, November 27, 2023 at 3:00 P.M. (IST) at CP3-235, Industrial Area, Apparel Park, Mahal Road, Jagatpura, Jaipur - 302022, Rajasthan, India. The above may also be accessed on the website of the Bank at the link https://www.aubank.in/disclosures-under-regulation-46-of-the-lodr . This is for your information and records. (As per BSE Announcement Dated on 04/11/2023) In continuation to our letter dated November 4, 2023 & November 12, 2023, we submit herewith the copies of the 3rd newspaper advertisement published by the Bank in Financial Express in English and in Punjab Kesari in Hindi on November 18, 2023 regarding Notice of Extraordinary General Meeting of the Bank scheduled to be held on Monday, November 27, 2023 at 3:00 P.M. (IST) at CP3-235, Industrial Area, Apparel Park, Mahal Road, Jagatpura, Jaipur - 302022, Rajasthan, India. The above may also be accessed on the website of the Bank at the link https://www.aubank.in/disclosures-under-regulation-46-of-the-lodr. This is for your information and records. (As Per BSE Announcement Dated on 18/11/2023) In continuation to our letter dated November 4, 2023 & November 12, 2023 and November 18, 2023, we submit herewith the copies of the 4th newspaper advertisement published by the Bank in Financial Express in English and in Punjab Kesari in Hindi on November 25, 2023 regarding Notice of Extraordinary General Meeting of the Bank scheduled to be held on Monday, November 27, 2023 at 3:00 P.M. (IST) at CP3-235, Industrial Area, Apparel Park, Mahal Road, Jagatpura, Jaipur - 302022, Rajasthan, India. (As Per BSE Announcement Dated on 25/11/2023) In continuation to our earlier communication dated November 03, 2023 regarding notice for convening of Extraordinary General Meeting (EGM) of AU Small Finance Bank Limited (Bank), we wish to inform that EGM of the Bank was held on Monday, November 27, 2023 at 3:00 P.M. (IST) at CP3-235, Industrial Area, Apparel Park, Mahal Road, Jagatpura, Jaipur - 302022, Rajasthan, India for considering and approving the Scheme of Amalgamation of Fincare Small Finance Bank Limited (Transferor Company) into and with AU Small Finance Bank Limited (Transferee Company) (Scheme). The resolution approving the Scheme was passed by the members of the Bank with requisite majority in number representing two-thirds in value through remote e-voting and voting during the EGM, in terms of Section 44A of the Banking Regulation Act, 1949 and RBI Master Direction- Amalgamation of Private Sector Banks, Directions, 2016. (As Per BSE Announcement Dated on 27/11/2023) | ||
The aforementioned collaboration is part of both organizations' bigger strategy, and it aligns with their visions of 'Viksit Bharat' and 'Insurance to All'.
Current Account and Savings Account (CASA) deposits were ₹35,520 crore, up 10.9% from the previous quarter.
AU is one of two small financing institutions that are now qualified to apply. The other option is Ujjivan Small Finance Bank.
Here are some of the stocks that may see significant price movement today: GIC Re, GSK Pharma, Godfrey Philips, etc.
The RBI's guidelines do not require a small finance bank to have an identified promoter to transition to a universal bank.
AU Small Finance Bank's pre-provisioning operating profit (PPoP) increased by 81% year on year to ₹988 Crore, up from ₹546 Crore in Q1 FY24.
Here are some of the stocks that may see significant price movement today: Ramco Cements, Jupiter Wagons, Motilal Oswal, etc.
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
