Fino Payments Bank: Change in Management- Appointment of Head – MSME
Fino Payments Bank (FINOPB) filed a disclosure titled "Change in Management- Appointment of Head – MSME". The company is valued at about ₹1,058 crore.
What happened
Fino Payments Bank (FINOPB) filed a disclosure with the exchanges on 29 September 2026 at 07:12 PM titled "Change in Management- Appointment of Head – MSME".
Company snapshot
Fino Payments Bank is a small-cap company, with a market value of about ₹1,058 crore.
The stock last traded at ₹127.2, against a 52-week range of ₹110–₹339 (62.5% below the high).
Before this filing the shares had moved −10.2% over the month and −8.6% over three months. Average daily turnover over the last 20 sessions was about ₹3.05 crore.
Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 0.31% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 453 | 17.8 | 2.13 |
| Q2 FY26 | 400 | 15.4 | 1.84 |
| Q3 FY26 | 394 | 12.3 | 1.47 |
| Q4 FY26 | 340 | 7.1 | 0.85 |
| Q1 FY27 | 307 | -13.7 | -1.65 |
What history shows
This is not the company's first management change disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.6% on average the next trading day and was down 1.8% on average after five days (4 filings with price data).
Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 4 Sept 2026 | Appointment of Mr. Amit Kumar as Head-Branch Banking of the company… | +0.5% | +0.4% |
| 26 Aug 2026 | Management change | −2.7% | −3.6% |
| 24 Aug 2026 | Extension of tenure of Mr. Ketan Merchant as an Interim CEO | −0.3% | −4.5% |
| 26 May 2026 | Management change | +4.7% | +0.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.