In continuation to intimation dated March 05, 2024 and pursuant to Regulation 30 and 51 read with Schedule Ill of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI (LODR)’), ESAF Small Finance Bank has informed that the Board of Directors of the Bank, in its meeting held on Friday, March 08, 2024, has considered and approved the proposal to raise funds by way of issuance of Listed, Rated, Taxable, Unsecured, Transferable, Redeemable, Fully Paid-Up, Basel II Compliant Lower Tier II Subordinated Bonds in the form of Non-Convertible Debentures (Tier II Bonds), aggregating upto Rs 135 Crores on a Private Placement basis. The Board Meeting commenced at 11:00 am and concluded at 02:00 pm. The above announcements are also being made available on the website of the Bank at www.esafbank.com.
The above information is a part of company’s filings submitted to BSE.
