Dhanlaxmi Bank CVO Balasubramanian A.D completes tenure

Dhanlaxmi Bank has informed the stock exchanges that Mr. Balasubramanian A.D has completed his tenure as the Chief Vigilance Officer of the Bank. The tenure concluded on May 24, 2026. This disclosure impacts the bank's internal compliance oversight structure, though the bank has not yet named a successor.

The notification was submitted to BSE Limited and National Stock Exchange of India Limited on May 25, 2026. The filing was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank also referenced the SEBI Master Circular dated January 30, 2026, regarding the disclosure of events.

Details of the Change

The bank provided a structured disclosure of the event in its filing. The specific reason cited was the completion of the tenure of Mr. Balasubramanian A.D.

Particulars	Details
Reason for change	Completion of tenure of Mr. Balasubramanian A.D as Chief Vigilance Officer of the Bank
Date of Cessation (Completion of tenure)	May 24, 2026
Brief Profile	Not Applicable
Disclosure of Relationship with other Directors	Not Applicable

The communication was digitally signed by Venkatesh H, the Company Secretary & Secretary to the Board. The filing referenced as SH: 14 / 2026-27 requested that the exchanges place the information on record.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.63%	+0.46%	+17.85%	+20.48%	+8.51%	+159.72%

Dhanlaxmi Bank has announced its audited financial results for FY26, delivering exceptional performance with significant growth in profitability and substantial improvement in asset quality. The bank's comprehensive annual results demonstrate enhanced operational efficiency and strengthened financial position.

Outstanding Financial Performance

The bank reported remarkable growth across key financial metrics for FY26, showcasing robust profitability expansion and strong revenue generation. The annual results reflect the bank's successful strategic initiatives and improved operational management.

Financial Metric:	FY26	FY25	Growth (%)
Net Profit:	₹1,027.50 million	₹666.40 million	+54.18%
Interest Earned:	₹16,014.80 million	₹13,198.80 million	+21.34%
Total Income:	₹17,938.70 million	₹14,890.80 million	+20.47%
Operating Profit:	₹2,162.80 million	₹951.00 million	+127.44%

Exceptional Asset Quality Improvement

Dhanlaxmi Bank achieved significant enhancement in asset quality parameters during FY26, with both gross and net NPA ratios showing substantial improvement compared to the previous year.

Asset Quality Metric:	FY26	FY25	Improvement
Gross NPA:	₹2,863.80 million	₹3,641.10 million	-21.35%
Net NPA:	₹754.00 million	₹1,179.40 million	-36.07%
Gross NPA Ratio:	1.89%	2.98%	-1.09%
Net NPA Ratio:	0.51%	0.99%	-0.48%

Strong Capital Position and Returns

The bank maintained robust capital adequacy while delivering improved returns to shareholders. The capital adequacy ratio strengthened significantly, providing a solid foundation for future growth initiatives.

Performance Indicator:	FY26	FY25	Change
Capital Adequacy Ratio:	18.92%	16.12%	+2.80%
Return on Assets:	0.53%	0.40%	+0.13%
Earnings Per Share:	₹2.60	₹2.37	+9.70%
Net Worth:	₹12,645.50 million	₹11,795.00 million	+7.21%

Regulatory Compliance and Audit Opinion

The bank announced that joint statutory central auditors M/s Sagar & Associates and M/s Abraham & Jose have submitted their report with unmodified opinion on the audited financial results for FY26. The results were approved by the Board at its meeting held on April 28, 2026, pursuant to Regulation 33 of SEBI LODR Regulations 2015.

The exceptional 54% growth in net profit to ₹1,027.50 million, combined with 21% increase in interest earned and significant asset quality improvements, positions Dhanlaxmi Bank strongly for continued growth. The substantial reduction in NPA ratios and enhanced capital adequacy ratio of 18.92% demonstrate the bank's effective risk management and operational excellence during FY26.