Fino Payments Bank has initiated a postal ballot process to seek shareholder ratification for the re-appointment of Rishi Gupta as Managing Director and Chief Executive Officer (MD & CEO) for the period from May 02, 2026 to May 21, 2026. The resolution follows Mr. Gupta's voluntary early retirement effective May 21, 2026, and is necessitated by regulatory requirements to approve his tenure for the interim period. The Board recommends passing the ordinary resolution to ensure compliance with the Companies Act, 2013, and SEBI Listing Regulations.

The re-appointment is subject to the existing terms and conditions, with remuneration as approved by the Board and shareholders. The Reserve Bank of India (RBI) had previously approved Mr. Gupta's re-appointment for a three-year term starting May 02, 2026. However, following his voluntary early retirement, the Bank is now seeking ratification for the specific period he served before his cessation of office.

Postal Ballot and E-Voting Details

The remote e-voting process commences on Saturday, June 27, 2026, at 9:00 a.m. (IST) and concludes on Sunday, July 26, 2026, at 5:00 p.m. (IST). The e-voting module will be disabled by National Securities Depository Limited (NSDL) after the deadline. Shareholders holding equity shares as of the cut-off date, Friday, June 19, 2026, are eligible to vote.

Regulatory Compliance and Governance

The postal ballot notice is issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Sections 108 and 110 of the Companies Act, 2013. The Bank has engaged NSDL to facilitate the e-voting process. The results of the postal ballot will be announced within two working days of the conclusion of e-voting.

Mr. Rishi Gupta holds 5,325 equity shares in his personal capacity and 2 equity shares as a registered owner without beneficial interest. The Bank has disclosed that none of the Directors, Key Managerial Personnel, or their relatives are interested in the resolution. The explanatory statement accompanying the notice details Mr. Gupta's qualifications, experience, and contributions to the Bank's growth.

Fino Payments Bank Limited is scheduled to hold a meeting with analysts and institutional investors on Wednesday, June 17, 2026. The interaction will take place in person at BKC, Mumbai, between 3:30 PM and 4:30 PM IST. The bank will meet with representatives from the International Finance Corporation during this session.

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank clarified that only information already available in the public domain will be discussed during the meeting. No unpublished price sensitive information will be shared.

The schedule for the meeting is subject to change due to exigencies on the part of the analysts, investors, or the bank. Further details regarding the disclosure will be available on the bank's website.