AU Small Finance Bank has informed that the Bank has received some queries on its aggregate foreign shareholding, in view of an erroneous disclosure by CDSL & NSDL on their website on 17th June, 2022 regarding foreign shareholding in the Bank reaching within 3% of the Sectoral cap. The said disclosure by CDSL & NSDL has now been rectified. In this regard, with a view to have a fair and transparent disclosure, the Company informed that the foreign shareholding in the Bank was ~38% of its total issued and paid-up share capital as on 17th June, 2022 which is within the sectoral limit of 49% for private sector banks under automatic route of investment.
The above information is a part of company’s filings submitted to BSE.
