Capital Small Finance Bank Appoints GSA & Associates LLP as Statutory Auditors

2 min read     Updated on 30 Apr 2026, 08:54 AM
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Capital Small Finance Bank Limited announced the appointment of M/s GSA & Associates LLP as statutory auditors for a three-year term from FY 2026-27 to FY 2028-29. The board approved this appointment on April 29, 2026, with RBI approval already secured and subject to shareholder approval at the upcoming 27th Annual General Meeting.

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Capital Small Finance Bank Limited has announced the appointment of M/s GSA & Associates LLP as its statutory auditors for the upcoming three-year term. The board of directors approved this significant appointment on April 29, 2026, marking an important step in the bank's corporate governance framework.

Board Approval and Regulatory Compliance

The bank's board of directors, in their meeting held on Wednesday, April 29, 2026, approved the appointment of M/s GSA & Associates LLP, Chartered Accountants (FRN - 000257N/N500339), as statutory auditors. The appointment is subject to shareholder approval at the ensuing 27th Annual General Meeting and covers the period from FY 2026-27 to FY 2028-29.

Parameter: Details
Audit Firm: M/s GSA & Associates LLP
FRN: 000257N/N500339
Term: FY 2026-27 to FY 2028-29
Approval Date: April 29, 2026
RBI Approval: Obtained

The bank has already secured the necessary RBI approval for this appointment, ensuring compliance with regulatory requirements for banking sector auditor appointments. The appointment has been communicated to both BSE Limited and National Stock Exchange of India Limited under the bank's scrip codes 544120, 951995 & 953739 and symbol CAPITALSFB.

About GSA & Associates LLP

GSA & Associates LLP is a leading audit and consultancy firm with a mission of providing world-class financial solutions. The firm brings significant credentials and experience to its new role with Capital Small Finance Bank.

Key Credentials and Experience

The audit firm is empanelled with several prestigious institutions:

  • Comptroller and Auditor General (C&AG)
  • Reserve Bank of India (RBI)
  • Indian Banks' Association (IBA)

The senior-most partner of the firm, Dr CA Amarjit Chopra, brings exceptional experience as an Ex-President of the Institute of Chartered Accountants of India (ICAI). He has served on the boards of two public sector banks and currently holds positions on the board of SBI Mutual Funds Trustees, in addition to various other companies.

Sector Expertise

GSA & Associates LLP has extensive exposure across multiple industry sectors:

Sector Categories: Coverage Areas
Financial Services: Banking sector, Insurance sector
Infrastructure: Energy and Power, Infrastructure, Oil & Gas
Technology: IT & Communication, Media & Service sectors
Manufacturing: Automobiles & Auto, FMCG, Textile
Other Sectors: Real Estate, Agricultural, Mining, Aviation, Hospitality

Regulatory Disclosure

The appointment has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. The bank has provided comprehensive details regarding the appointment through its Company Secretary & Compliance Officer, Amit Sharma (Membership No.: F10888).

The appointment represents a strategic decision by Capital Small Finance Bank to engage experienced statutory auditors with proven expertise in the banking and financial services sector, supporting the bank's commitment to robust financial reporting and regulatory compliance.

Historical Stock Returns for Capital Small Finance Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+2.93%+7.78%+26.84%-2.54%-4.59%-35.73%

What factors led Capital Small Finance Bank to change statutory auditors, and how might this impact investor confidence?

Will GSA & Associates LLP's appointment signal any changes in the bank's audit approach or financial reporting standards?

How could the new auditor's extensive banking sector experience influence Capital Small Finance Bank's compliance and risk management practices?

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Capital Small Finance Bank Files Share Capital Audit Report for Q4FY26

2 min read     Updated on 24 Apr 2026, 08:55 AM
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Capital Small Finance Bank Limited has submitted its Reconciliation of Share Capital Audit Report for the quarter ended March 31, 2026, to both BSE Limited and National Stock Exchange of India Limited. The report, certified by Mr. Bunny Sehgal of B. Sehgal and Associates, confirms that the company's total issued and listed capital stands at 4,54,18,771 shares with a face value of ₹ 10 each. The submission was made in compliance with Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018.

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capital small finance bank has submitted its Reconciliation of Share Capital Audit Report for the quarter ended March 31, 2026, to both BSE Limited and National Stock Exchange of India Limited. The report, dated April 16, 2026, was submitted in compliance with Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018. The audit was conducted by Mr. Bunny Sehgal of B. Sehgal and Associates, Practicing Company Secretaries, with CP No. 15161.

Share Capital Details

The company's share capital structure for the quarter shows total issued and listed capital of 4,54,18,771 shares, representing 100% of the total issued capital. The shares are held across different forms, with the majority held in dematerialized form. The face value of each share is ₹ 10.

Category Number of Shares % of Total Issued Capital
Issued Capital 4,54,18,771 100.00
Listed Capital 4,54,18,771 100.00
Held in CDSL (Dematerialized) 60,13,558 13.24
Held in NSDL (Dematerialized) 3,38,35,697 74.50
Held in Physical Form 55,69,516 12.26
Total 4,54,18,771 100.00

Compliance and Operational Details

The report confirms that there were no changes in share capital during the quarter under consideration. The Register of Members has been updated, and there were no requests for dematerialization confirmed after 21 days or pending beyond 21 days. The company has appointed MUFG Intime India Pvt. Ltd. as the common agency for share registry work, located at Vikhroli (West), Mumbai.

Company and Auditor Information

Capital Small Finance Bank Limited is registered at 'MIDAS Corporate Park', 3rd Floor, 37, G.T. Road, Jalandhar-144 001, India. The company's securities are listed on both BSE Limited and National Stock Exchange of India Limited under the symbol CAPITALSFB. Mr. Amit Sharma serves as the Company Secretary & Compliance Officer with Membership No. F10888. The auditor, Mr. Bunny Sehgal, is a Proprietor at B. Sehgal and Associates, Gurugram, with Membership No. F11407 and CP No. 15161.

Historical Stock Returns for Capital Small Finance Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+2.93%+7.78%+26.84%-2.54%-4.59%-35.73%

Will Capital Small Finance Bank pursue digitization initiatives to reduce the 12.26% physical shareholding in upcoming quarters?

How might the bank's share capital structure impact its ability to raise additional funds for expansion in FY2027?

What strategic moves is Capital Small Finance Bank planning to enhance investor confidence given its clean audit report?

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1 Year Returns:-4.59%