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AU Small Finance Bank is currently trading at Rs. 587.85, up by 5.30 points or 0.91% from its previous closing of Rs. 582.55 on the BSE.

The scrip opened at Rs. 580.00 and has touched a high and low of Rs. 590.00 and Rs. 578.20 respectively. So far 19340 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 732.90 on 21-Apr-2022 and a 52 week low of Rs. 467.50 on 27-Dec-2021.

Last one week high and low of the scrip stood at Rs. 600.95 and Rs. 570.25 respectively. The current market cap of the company is Rs. 36727.27 crore.

The promoters holding in the company stood at 28.21%, while Institutions and Non-Institutions held 53.48% and 18.31% respectively.

AU Small Finance Bank is planning to raise funds through issue of Subordinated, Rated, Listed, Unsecured, Redeemable, Non-Convertible Bonds in form of subordinated debts categorized as Tier II Capital in compliance with Basel II framework on Capital Adequacy in one or more series. The meeting of the board of directors of the bank is scheduled to be held on July 29, 2022 to consider and approve the same.

AU Small Finance Bank is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused nonbanking finance company (NBFC), which primarily served low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels.