Fino Payments Bank: Extension of tenure of Mr. Anup Agarwal as Interim CFO of the Bank
Fino Payments Bank (FINOPB) filed a disclosure titled "Extension of tenure of Mr. Anup Agarwal as Interim CFO of the Bank". The company is valued at about ₹1,075 crore.
What happened
Fino Payments Bank (FINOPB) filed a disclosure with the exchanges on 1 October 2026 at 06:51 PM titled "Extension of tenure of Mr. Anup Agarwal as Interim CFO of the Bank".
Company snapshot
Fino Payments Bank is a small-cap company, with a market value of about ₹1,075 crore.
The stock last traded at ₹129.2, against a 52-week range of ₹110–₹339 (61.9% below the high).
Before this filing the shares had moved −7.3% over the month and −6.8% over three months. Average daily turnover over the last 20 sessions was about ₹2.95 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 6 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, 3,837 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):
- Fino Payments Bank appoints Paresh Gupta as Head MSME
- Fino Payments Bank Share Price Today, Fino Payments Bank Stock Price Live NSE/BSE Updates
- Fino Payments Bank AGM approves FY26 financials with 99% majority
- Fino Payments Bank taps veteran banker Paresh Gupta to lead MSME push
- Fino Payments Bank extends Anup Agarwal’s tenure as Interim CFO
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.