Au small finance bank Limited has secured the Reserve Bank of India's approval for the reappointment of Mr. Sanjay Agarwal as Managing Director & CEO, marking a significant milestone in the bank's leadership continuity. The regulatory approval enables Mr. Agarwal to serve another term at the helm of the small finance bank.

RBI Approval Details

The Reserve Bank of India granted its approval on February 12, 2026, for Mr. Sanjay Agarwal's reappointment as Managing Director & CEO. The approval covers a three-year term beginning April 19, 2026.

Prior Approvals and Timeline

The RBI approval represents the final regulatory step in the reappointment process. AU Small Finance Bank had previously secured necessary approvals from its governance bodies:

• Board Approval: Obtained on October 17, 2025
• Shareholder Approval: Secured on December 26, 2025
• RBI Approval: Received on February 12, 2026

The bank had informed stock exchanges about the Board and shareholder approvals in October and December 2025, noting that the reappointment remained subject to RBI approval.

Regulatory Compliance

AU Small Finance Bank communicated this development to both the National Stock Exchange of India and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Company Secretary and Compliance Officer Manmohan Parnami.

Leadership Continuity

With all regulatory approvals now in place, Mr. Sanjay Agarwal will continue leading AU Small Finance Bank for another three-year period starting April 19, 2026. This reappointment ensures leadership stability as the bank continues its operations in the small finance banking sector.

AU Small Finance Bank executed a significant block trade on the National Stock Exchange (NSE), marking substantial institutional activity in the banking sector. The transaction represents one of the notable block deals in the financial services space.

Transaction Details

The block trade involved a considerable volume and value, reflecting institutional investor participation in the bank's equity. The following table summarizes the key parameters of the transaction:

Market Significance

Block trades are typically executed by institutional investors, including mutual funds, insurance companies, foreign institutional investors, or other large market participants. These transactions are conducted outside the regular market mechanism to minimize the impact on the stock's market price during large-volume trades.

The execution price of ₹980.55 per share represents the agreed-upon rate between the buyer and seller for this substantial equity transaction. Such block deals often indicate strategic investment decisions or portfolio rebalancing activities by institutional investors.

Banking Sector Activity

The transaction highlights continued institutional interest in AU Small Finance Bank's equity. Small finance banks have been attracting investor attention due to their focused approach toward financial inclusion and serving underbanked segments of the population.

Block trades of this magnitude typically reflect confidence in the underlying business fundamentals and growth prospects of the institution. The substantial transaction value of over ₹116 crores demonstrates the scale of institutional participation in the bank's equity.