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ESAF Small Finance Bank has received a communication from its promoter, ESAF Financial Holdings Private Limited, regarding a proposed Scheme of Arrangement aimed at reducing the promoter's shareholding in the Bank. This scheme intends to facilitate a significant reduction of the promoter's equity from 52.92% to 38.37%, with Identified Shareholders acquiring equity shares of the Bank as part of the arrangement. The total issued capital of the Company is set to decrease to ₹111.65 crores, affecting prompt compliance with the Reserve Bank of India's directive to lower direct shareholding levels. The Company will not be directly impacted as it is not a party to the scheme, but it represents a critical shift in its capital structure. Investors should monitor this development closely, as it demonstrates a strategic move to align with regulatory requirements and may influence the bank's market positioning significantly.