Au Small Fin Bank News

We wish to inform that the Bank will host a group conference call with analysts and investors on Friday, January 24, 2025 at 5:30 PM (IST) wherein the senior management of the Bank will discuss the Financial Results for the Quarter and Nine months ended on December 31, 2024 with the participants.

AU Small Finance Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/01/2025 ,inter alia, to consider and approve the Unaudited Financial Results (subject to Limited Review by the Joint Statutory Auditors) of the Bank for the Quarter and Nine months ended on December 31, 2024.Trading Window Closure: Pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Bank''s Code of Conduct - Prohibition of Insider Trading, it is hereby informed that the Trading window for dealing in securities of the Bank shall remain closed for the Designated Persons and their immediate relatives from Wednesday, January 01, 2025 till Sunday, January 26, 2025 and hence, they are not permitted to trade in the securities of the Bank till Sunday, January 26, 2025.

A total of 20,345 shares changed hands on the counter till 10:30AM (IST).

Bulls appear to have lost momentum after a strong start to the year. While Nifty is still up by 0.19% compared to December's closing, Nifty Bank has declined by over 2% in January, particularly following HDFC Bank's Q3 updates. CLSA said that 2025 will be a tale of two halves for the Indian banks.

Indian banks are expected to face continued earnings pressure in Q3 due to subdued credit growth, rising funding costs, and NIM compression. Private banks may have better earnings momentum than public sector peers, supported by stronger asset quality and fee income growth.

A total of 10,309 shares changed hands on the counter till 10:20AM (IST)

A total of 65,989 shares changed hands on the counter till 12:27PM (IST)

Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Code of Fair Disclosure and Conduct and in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, the Bank would like to place the attached information on record pertaining to its performance in the quarter ended on December 31, 2024.

AU SFB announced after market hours on Friday, via a regulatory filing, that approval has been granted to HDFC Bank and its group companies—HDFC Mutual Fund, HDFC Life Insurance, HDFC Pension Management, HDFC ERGO General Insurance, and HDFC Securities—to collectively acquire paid-up share capital or voting rights in the midcap lender.

We hereby inform that AU Small Finance Bank Limited ('AU SFB') has received a copy of letter of the Reserve Bank of India ('RBI') dated January 3, 2025 addressed to HDFC Bank Limited that it has accorded its approval to the HDFC Bank Limited (which includes its group entities viz HDFC Mutual Fund, HDFC Life Insurance Co. Ltd., HDFC Pension Management Co. Ltd., HDFC ERGO General Insurance Co. Ltd. and HDFC Securities Ltd.) to acquire 'aggregate holding' of up to 9.50% of the paid-up share capital or voting rights in the AU SFB within one year from the date of RBI approval letter, failing which RBI approval shall stand cancelled.

A total of 11,226 shares changed hands on the counter till 10:10AM (IST).

The stock quoted a 52-week high of Rs 813.00 and a 52-week low of Rs 534.00.

Pursuant to the PIT Regulations and the Bank's Code of Conduct - Prohibition of Insider Trading, we hereby inform that the trading window for dealing in securities of the Bank will be closed for the Designated Persons and their immediate relatives from Wednesday, January 01, 2025 till 48 hours after the declaration of financial results of the Bank for the quarter and nine months ending on December 31, 2024. The date of the Board Meeting of the Bank for the aforesaid purpose will be intimated to the Stock Exchanges in due course.

Jefferies' Chris Wood has re-added HDFC Bank and introduced Siemens India to their Asia ex-Japan portfolio. Investments in Macrotech Developers, L&T, ICICI Bank, Axis Bank, Samsung Electronics, and SK Hynix were adjusted. HDFC Bank shares are improving, with strong buy ratings and significant FII interest.

A total of 17,355 shares changed hands on the counter till 10:56AM (IST).

We hereby inform that the Bank has allotted 99,162 equity shares of face value of Rs. 10/- each on December 25, 2024 pursuant to exercise of equivalent number of Employee Stock Options under the ESOPs as per the applicable regulations.

A total of 5,141 shares changed hands on the counter till 10:30AM (IST).

A total of 14,220 shares changed hands on the counter till 10:15AM (IST).

In continuation to our letter no. AUSFB/SEC/2024-25/311 dated October 28, 2024 intimating about re-appointment of Mr. Harun Rasid Khan as Part-Time Chairman of the Bank which was subject to approval of Reserve Bank of India ('RBI'), we hereby inform that RBI vide its letter dated December 19, 2024 has approved re-appointment of Mr. Harun Rasid Khan as Part-time Chairman of the Bank for a further period of 3 (Three) years w.e.f. December 28, 2024. In compliance of Regulation 46 of the Listing Regulations, the information is being hosted on the Bank''s website at www.aubank.in.

A total of 64,719 shares changed hands on the counter till 01:19PM (IST).

In continuation to our letter no. AUSFB/SEC/2024-25/352 dated December 13, 2024, we submit herewith the details of Analysts/Institutional Investor meet held on Wednesday, December 18, 2024.

A total of 8,736 shares changed hands on the counter till 10:19AM (IST)

On the technical charts, the RSI of the stock stood at 33.04.

We submit herewith the details of Analysts/Institutional Investor meet where the Bank would be participating on Wednesday, December 18, 2024.

As of 30-Sep-2024, promoters held 22.9 per cent stake in the company, while FIIs held 40.72 per cent and domestic institutional investors had 15.54 per cent.

The stock traded at a P/E multiple of 24.25, while the price-to-book value ratio stood at 0.00.

The Relative Strength Index of the stock stood at 42.37 on Tuesday.

A total of 12,355 shares changed hands on the counter till 11:38AM (IST)

In continuation to our letter no. AUSFB/SEC/2024-25/342 dated November 28, 2024, we submit herewith the details of Analysts/Institutional Investor meet held on Tuesday, December 03, 2024.

A total of 13,151 shares changed hands on the counter till 01:21PM (IST).

Promoters held 22.9 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 40.72 per cent and 15.54 per cent, respectively.

We submit herewith the details of Analysts/Institutional Investor meet where the Bank would be participating on Tuesday, December 03, 2024.

We are pleased to inform that AU Small Finance Bank Limited has entered into strategic bancassurance partnership with Bharti AXA Life Insurance for providing life insurance and financial security solutions to Bank's customers. This tie-up will enable the Bank's customers to access a comprehensive life insurance and financial security solutions from Bharti AXA Life Insurance Company Limited.

A total of 19,640 shares changed hands on the counter till 01:53PM (IST).

In continuation to our letter no. AUSFB/SEC/2024-25/330 dated November 20, 2024, we submit herewith the details of Analysts/Institutional Investor meet held on Monday, November 25, 2024.

We hereby inform that the Bank has allotted 3,71,883 equity shares of face value of Rs. 10/- each on November 25, 2024, pursuant to exercise of equivalent number of Employee Stock Options under the ESOPs as per the applicable regulations.The paid-up equity share capital of the Bank will accordingly increase from Rs. 7,43,76,18,730 to Rs. 7,44,13,37,560. This is for your information and records.

A total of 23,752 shares changed hands on the counter till 12:52PM (IST).

In continuation to our letter no. AUSFB/SEC/2024-25/326 dated November 14, 2024, we submit herewith the details of Analysts/Institutional Investor meet held on Friday, November 22, 2024.

In continuation to our letter no. AUSFB/SEC/2024-25/325 dated November 14, 2024, we submit herewith the details of Analysts/Institutional Investor meet held on Wednesday & Thursday, November 20 & 21, 2024.

A total of 7,540 shares changed hands on the counter till 11:06AM (IST).