Equitas Small Finance Bank Ltd.

Equitas Small Finance Bank has informed regarding Outcome of Board Meeting held on October 18, 2021. The Board of Directors in the Meeting today has approved meeting the Minimum Public Shareholding (MPS) requirements stipulated by SEBI by raising a sum not exceeding Rs 1000 crore (including premium) through Qualified Institutions Placement (QIP). The process will be in accordance with Chapter VI of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 which includes obtaining approval of shareholders through Postal Ballot/ e-voting. The Meeting of the Board of Directors of the Bank commenced at 11.30 hours and concluded at 12.45 hours.

The above information is a part of company’s filings submitted to BSE.