Suryoday Small Finance Bank Ltd Promoter Acquires Shares in Open Market
Suryoday Small Finance Bank Ltd announced that Baskar Babu Ramachandran, Promoter and Managing Director & CEO, acquired 50,000 equity shares of the bank from the open market. The acquisition occurred in two transactions: 14,000 shares on March 17, 2026, and 36,000 shares on March 18, 2026. This purchase was executed in accordance with a pre-defined trading plan submitted to the exchanges.Prior to the acquisition, Ramachandran held 55,01,911 equity shares, representing 5.18% of the total diluted share/voting capital. Following the acquisition, his holding increased to 55,51,911 equity shares, now representing 5.22% of the total diluted share/voting capital.
The total equity share capital of the company remains at 10,62,89,824 equity shares with a face value of Rs. 10 each, aggregating to Rs. 106,28,98,240.
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