Capital SFB names Deepak Arora & Associates as Secretarial Auditor for 5 years
NOOR MOHMMED
01/Aug/2025
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Capital Small Finance Bank appoints Jaipur-based Deepak Arora & Associates as Secretarial Auditor for 5 years starting FY 2025–26.
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Appointment approved at AGM on August 01, 2025, under SEBI Listing Regulations and applicable circulars.
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The firm brings over 22 years of experience in corporate law, insolvency, and SEBI compliance advisory.
Capital Small Finance Bank Limited (Capital SFB) has officially announced the appointment of M/s Deepak Arora & Associates as the Secretarial Auditor of the Company for a term of five consecutive financial years, beginning from FY 2025–26, i.e., effective from April 1, 2025. The appointment was approved by the company’s members during the Annual General Meeting (AGM) held on Friday, August 01, 2025, and has been disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The announcement was communicated to both BSE Limited and the National Stock Exchange of India Limited (NSE). Capital SFB is listed with Scrip Codes 544120, 951995 & 953739 on the BSE and Symbol CAPITALSFB on the NSE.
The appointed firm, Deepak Arora & Associates, is a well-established firm of Practicing Company Secretaries based in Jaipur, Rajasthan, with over 22 years of experience in corporate laws and compliance services. The firm was originally formed as a proprietorship by Mr. Deepak Arora in 2001 and was later converted into a partnership entity. The firm holds ICSI Unique Code: P2001RJ080000 and Peer Review Certificate No.: 6655/2025.
As part of its appointment, the firm will conduct the Secretarial Audit of Capital Small Finance Bank for a five-year term, spanning FY 2025–26 to FY 2029–30. This appointment aligns with the regulatory framework and reflects the company’s commitment to enhancing governance standards, ensuring legal compliance, and maintaining transparent operations.
The disclosure also follows the guidelines issued in SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, which mandates detailed reporting on key appointments under Regulation 30. In accordance with this, Annexure I provides all relevant information such as the reason for appointment, effective date, profile of the auditor, and confirmation of independence.
Deepak Arora, the founder of the firm, is a Fellow Member of the Institute of Company Secretaries of India (ICSI) and a former council member of the Northern India Regional Council (NIRC) of ICSI. He is also a registered Insolvency Professional, bringing multi-disciplinary expertise to the firm’s wide array of services.
The firm describes itself as a progressive and proactive service provider, offering a full spectrum of advisory and compliance solutions. These include Business Setup, Corporate Law, Industrial Law, SEBI and RBI Compliance, Intellectual Property Law, and Insolvency & Bankruptcy Code (IBC)-related services. The firm has also built a pan-India network, enabling it to offer its services across geographies.
With this appointment, Capital SFB continues its efforts to strengthen its governance practices in line with industry best standards. The bank has consistently demonstrated adherence to regulatory guidelines and has now further enhanced its governance architecture by associating with a reputed and experienced Secretarial Auditor.
Notably, there is no relationship between the firm and any of the bank’s directors, ensuring that the appointment remains independent and unbiased as per regulatory norms.
The appointment was officially communicated by Mr. Amit Sharma, Company Secretary & Compliance Officer of Capital Small Finance Bank Limited. He holds Membership No.: F10888 and confirmed the resolution passed at the AGM.
Capital SFB’s latest decision is expected to support its long-term objective of maintaining regulatory transparency, investor trust, and operational accountability. This move is particularly relevant as small finance banks continue to grow their customer base and expand product offerings under the vigilant eyes of financial regulators.
As Capital Small Finance Bank continues to build its brand as a trusted financial institution in India’s banking sector, strategic appointments like these play a critical role in supporting its corporate structure and stakeholder expectations.
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