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Management change

Suryoday Small Finance Bank Alok Pathak appointed

Suryoday Small Finance Bank (NSE: SURYODAY) said Alok Pathak has been appointed. The company is valued at about ₹1,538 crore.

BCEIE News Desk · Published 1 Oct 2026, 06:47 pm IST · Filing received 1 Oct 2026, 06:30 pm IST

What happened

Suryoday Small Finance Bank (NSE: SURYODAY) informed the stock exchanges on 1 October 2026 at 06:30 PM that Alok Pathak has been appointed.

From the filing: "No. 99/29.67.001/2025 - 26 dated November 28, 2025, basis the recommendation of the Nomination and Remuneration Committee and the Risk Management Committee of Board , the Board of Directors of the Bank has , on October 1,2026, by circulation, approved the appointment of Mr."

Company snapshot

Suryoday Small Finance Bank is a small-cap company, with a market value of about ₹1,538 crore.

The stock last traded at ₹144.7, against a 52-week range of ₹115.4–₹218 (33.6% below the high).

Before this filing the shares had moved −6.5% over the month and −21.2% over three months. Average daily turnover over the last 20 sessions was about ₹2.76 crore.

Promoters held 22.48% at the end of Q1 FY27; 22.35% of promoter shares were pledged. Foreign institutions owned 5.35% and domestic institutions 5.47%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2660435.33.32
Q2 FY2660030.42.86
Q3 FY2662536.63.44
Q4 FY2669249.74.68
Q1 FY2777075.27.07

What history shows

BCEIE's records show 4 previous management change filings from the company since May 2026.

After those filings, the stock gained 1.3% on average the next trading day and was down 3.3% on average after five days (3 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.

Earlier filings of this kind
DateFilingNext day5 days
9 Aug 2026Resignation of Director/KMP/SMP+1.0%−4.9%
9 Aug 2026Intimation regarding retirement of Mr. John Arunkumar Diaz (DIN:…+1.0%−4.9%
5 Jun 2026Intimation of receipt of approval of the Reserve Bank of India for…+1.8%+0.0%

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.