Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ujjivan Small Finance Bank has informed that the Bank has received a letter dated January 27, 2020 from Sachin Bansal (DIN: 02356346) tendering his resignation as an Independent Director of the Bank with effect from January 27, 2020. The company informed that the Board of Directors of the Bank has taken note of the aforesaid letter and his resignation by way of a resolution passed by circulation on January 27, 2020. A copy of aforesaid letter is enclosed herewith wherein he has confirmed that he is resigning from the Bank's Board in the interest of propriety and corporate governance as an entity owned and controlled by him has made an application to the Reserve Bank of India for a universal banking license. Further, he has also confirmed that there is no other material reason for his resignation. This intimation shall be available on the Bank’s website at www.ujjivansfb.in.
The above information is a part of company’s filings submitted to BSE.