Ujjivan Small Finance Bank Limited — Others, 28-03-2025: Shareholders meeting

Ujjivan Small Finance Bank has held an Extra Ordinary General Meeting (EGM) where shareholders voted on the reappointments of two Independent Directors, Ms. Sudha Suresh and Ms. Anita Ramachandran. Both resolutions passed with supportive majorities—Ms. Suresh received 393.99 million votes in favor against 36.24 million, while Ms. Ramachandran garnered 260.45 million votes for and 149.77 million against. This outcome strengthens the board's governance, reflecting shareholder confidence. Investors may view this as a positive outlook due to the continuity of experienced management, although the margin for Ms. Ramachandran's appointment indicates some shareholder concerns.