Suryoday Small Finance Bank Limited has announced a significant addition to its leadership team, appointing Mr. Pankaj Gulati as Chief People Officer & Head - CSR, effective October 23, 2025. This strategic move aims to strengthen the bank's human resources and corporate social responsibility initiatives.

Key Appointment Details

Extensive Experience

Mr. Gulati brings over two decades of expertise to Suryoday Small Finance Bank, with a rich background in the Banking, Finance, and Insurance sectors. His career highlights include:

• Proven track record in managing comprehensive employee lifecycle
• Expertise in performance and rewards systems
• Experience in benefits administration
• Proficiency in HR technology and analytics
• Strong governance background

Previous Associations

Mr. Gulati's professional journey includes roles at several prominent financial institutions:

• AU Small Finance Bank
• Fincare Small Finance Bank
• MetLife India Insurance
• Pivot Training Pvt. Ltd.
• ING Vysya Life Insurance Co. Ltd.
• HSBC

Strategic Implications

This appointment underscores Suryoday Small Finance Bank's commitment to enhancing its human resource capabilities and corporate social responsibility efforts. Mr. Gulati's extensive experience is expected to contribute significantly to the bank's growth and operational efficiency.

The bank's decision to combine the roles of Chief People Officer and Head of CSR suggests a holistic approach to employee management and corporate citizenship, potentially leading to more integrated and impactful initiatives in both areas.

As Suryoday Small Finance Bank continues to evolve in the competitive financial services landscape, this strategic appointment may play a crucial role in shaping its organizational culture, talent management strategies, and social responsibility programs.

Investors and industry observers will likely watch closely to see how Mr. Gulati's expertise translates into tangible improvements in the bank's human resource practices and CSR activities in the coming months.

Suryoday Small Finance Bank (SSFB) has announced a board meeting scheduled for November 6, 2025, where the bank will deliberate on its financial performance and explore various fund-raising options. This development comes as the bank aims to strengthen its financial position and potentially expand its operations.

Key Agenda Items

The board meeting will focus on three main areas:

1. Financial Results Review: The board will consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2025.

2. Equity Fund-Raising: SSFB will discuss raising funds through various modes, including:

   • Preferential Allotment
   • Qualified Institutions Placement (QIP)
   • Private Placement

   These fund-raising initiatives may involve issuing equity shares, equity-linked securities, warrants, or other eligible securities.

3. Debt Instruments: The board will also consider issuing debt instruments, such as bonds and non-convertible debentures.

Both the fund-raising proposals and debt issuance plans are subject to shareholder approval and necessary regulatory clearances.

Trading Window Closure

In line with regulatory requirements, SSFB has implemented a trading window closure:

• Closure Period: From October 1, 2025, until 48 hours after the declaration of Q2 financial results
• Affected Parties: Designated persons, their immediate relatives, and other connected individuals
• Purpose: To prevent insider trading and ensure fair market practices

Regulatory Compliance

The bank has emphasized its commitment to regulatory compliance, citing adherence to various SEBI regulations:

• Regulation 29, 50, and other applicable provisions of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
• SEBI (Prohibition of Insider Trading) Regulations, 2015
• The bank's own Code of Conduct for Prevention of Insider Trading and Code of Fair Disclosure of Unpublished Price Sensitive Information (UPSI)

This board meeting marks a significant event for Suryoday Small Finance Bank as it reviews its financial performance and explores avenues for growth and capital enhancement. The outcomes of this meeting could have substantial implications for the bank's future strategies and financial health.

Investors and stakeholders will be watching for the results of this meeting, which could provide insights into the bank's performance in the current economic climate and its plans for future expansion and stability.