AU Small Finance Bank Limited has announced a structural change in one of its joint statutory auditors, with the conversion not affecting the ongoing audit engagement. The bank disclosed this development through a regulatory filing dated January 16, 2026, in compliance with SEBI listing regulations.

Auditor Firm Conversion Details

The bank's joint statutory auditor, M S K A & Associates, Chartered Accountants, has undergone a structural transformation by converting into a Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, 2008. The conversion became effective from January 13, 2026.

Continuity of Audit Services

The bank has emphasized that this structural conversion does not result in any change to the existing audit engagement. M S K A & Associates LLP will continue to function and discharge their obligations as joint statutory auditors of the bank for the remaining period of their current tenure.

Regulatory Compliance

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform stock exchanges about material events and corporate developments. The communication was signed by Manmohan Parnami, Company Secretary and Compliance Officer of AU Small Finance Bank Limited.

The bank has informed both the National Stock Exchange of India and BSE Limited about this development, ensuring full transparency with regulatory authorities and stakeholders regarding the auditor firm's structural change.

AU Small Finance Bank witnessed a significant block trade on the National Stock Exchange (NSE), highlighting substantial institutional activity in the banking stock. The transaction represents one of the notable large-volume trades in the small finance banking sector.

Block Trade Details

The block trade executed on NSE involved substantial volume and value, demonstrating significant investor interest in the bank's shares.

Market Significance

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders looking to buy or sell substantial quantities without impacting the regular market price. These transactions are conducted outside the normal trading mechanism to ensure minimal market disruption.

The execution price of ₹987.20 per share reflects the prevailing market conditions at the time of the transaction. Such large-volume trades often indicate strategic positioning by institutional investors or portfolio rebalancing activities.

Transaction Impact

The block trade represents a significant transaction in AU Small Finance Bank's shares, with the total value of ₹90.55 crores indicating substantial capital movement. The transaction volume of over 917,000 shares demonstrates the scale of institutional participation in the bank's equity.

Block trades serve as important indicators of institutional sentiment and can provide insights into large investor positioning in specific stocks. The completion of this transaction reflects the liquidity available in AU Small Finance Bank's shares and the interest from large investors in the small finance banking segment.