Equitas Small Finance Bank Ltd.

Pursuant to Regulation 30 and other applicable clauses of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Equitas Small Finance Bank has informed that the Bank has received an intimation from RBI on September 20, 2023, regarding the approval granted to HDFC Asset Management Company to acquire ‘aggregate holding’ of up to 9.5% of the paid-up equity capital or voting rights in the company (ESFBL). The aforesaid approval by RBI is subject to compliance with the relevant provisions of Banking Regulation Act, 1949, Master Direction and Guidelines on Acquisition and Holding of shares or Voting Rights in Banking companies dated January 16,2023 (as amended from time to time), provisions of the Foreign Exchange Management Act,1999, regulations issued by Securities and Exchange Board of India and any other statutes, regulations and guidelines as applicable and is valid for a period of one year from the date of the approval.