Fino Payments Bank Limited has announced a significant change in its senior management with the resignation of Chief Compliance Officer Mr. Aashish Pathak. The bank informed stock exchanges about this development through a regulatory filing under SEBI Listing Regulations.

Resignation Details

Mr. Aashish Pathak tendered his resignation on March 13, 2026, citing personal reasons for his departure from the bank. The resignation affects multiple key positions he held within the organization.

Regulatory Compliance

The bank has fulfilled its disclosure obligations under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The formal communication was sent to both BSE Limited and National Stock Exchange of India Limited on March 31, 2026.

Official Documentation

In his resignation letter addressed to the bank, Mr. Pathak expressed gratitude for the opportunities during his tenure. He stated his appreciation for the invaluable experience and insights gained during his time with the organization. The resignation letter was signed in his capacity as Senior Vice President.

Management Transition

The departure of Mr. Pathak represents a change in the bank's senior management personnel structure. His roles encompassed critical compliance and regulatory functions as Chief Compliance Officer, along with his responsibilities as Principal Officer and Principal Nodal Officer.

The bank has made the disclosure available on its official website at www.fino.bank.in , ensuring transparency with stakeholders regarding this senior management change. Company Secretary & Compliance Officer Basavraj Loni signed the regulatory filing on behalf of Fino Payments Bank Limited.

Fino Payments Bank Limited has officially declared the results of its postal ballot process for approving the remuneration of Managing Director and Chief Executive Officer Rishi Gupta for the financial year 2024-25. The bank submitted its formal declaration to BSE Limited and National Stock Exchange of India Limited on March 30, 2026, confirming the successful completion of the electronic voting process that concluded on March 29, 2026.

Official Voting Results and Shareholder Response

The special resolution received overwhelming approval from shareholders, with the scrutinizer's report confirming strong support across different investor categories:

The resolution was passed with requisite majority, securing 99.65% of total votes cast in favor, while only 0.35% voted against the proposal. A total of 147 members voted in favor of the resolution, while 50 members voted against it.

E-Voting Process and Regulatory Compliance

The bank conducted the postal ballot through NSDL's electronic voting platform, ensuring transparency and accessibility for all shareholders. The process was overseen by scrutinizer Tribhuvneshwar B. Kaushik, Partner of M/s Kaushik Joshi & Co., who confirmed compliance with all regulatory requirements:

The postal ballot notice was dispatched to members whose names appeared on the register as of the cut-off date, with public announcements made in Financial Express, The Free Press Journal (English), and Navshakti (Marathi) newspapers.

Scrutinizer's Report and Oversight

The scrutinizer's report, submitted on March 30, 2026, confirmed that the postal ballot was conducted in accordance with:

• Sections 108 and 110 of the Companies Act, 2013
• Companies (Management and Administration) Rules, 2014
• SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
• Various MCA circulars regarding e-voting processes

The scrutinizer maintained electronic records of all votes cast and downloaded the final summary statement on March 30, 2026, at 11:10 a.m. in the presence of two independent witnesses not employed by the bank.

Resolution Withdrawal and Final Outcome

The original postal ballot notice included a second resolution regarding the re-appointment of Rishi Gupta as MD & CEO. However, the Board of Directors decided to withdraw this resolution through an addendum dated March 26, 2026, which was communicated to shareholders on March 27, 2026. Consequently, only the remuneration approval resolution was put to vote.

The successful completion of this postal ballot process demonstrates effective corporate governance practices and strong institutional investor confidence. The voting results, along with the scrutinizer's report, are now available on the bank's website, NSDL's e-voting platform, and at the bank's registered office notice board, ensuring complete transparency in the process.