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AU Small Finance Bank Updates on Shareholder Changes Post-Fincare Liquidation

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AU Small Finance Bank Updates on Shareholder Changes Post-Fincare Liquidation

AU Small Finance Bank Limited ( (IN:AUBANK) ) has provided an announcement.

AU Small Finance Bank Limited announced that Fincare Business Services Limited (FBSL), previously a major shareholder due to its holding of over 5% of AU SFB shares, has transferred its shares as part of a voluntary liquidation process. This transfer, amounting to approximately 6.15% of AU SFB’s equity, has redistributed ownership among various investor categories, reducing FBSL’s stake to a minor level and impacting the shareholder structure of AU SFB.

More about AU Small Finance Bank Limited

AU Small Finance Bank Limited operates in the financial services industry, primarily focusing on providing small finance banking services. It offers a range of financial products including loans, savings accounts, and other banking services, targeting underserved and unbanked segments of the Indian market.

YTD Price Performance: -6.02%

Average Trading Volume: 175,442

Current Market Cap: 397.6B INR

Find detailed analytics on AUBANK stock on TipRanks’ Stock Analysis page.

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