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ESAF Small Finance Bank has received communication from its Promoter Company regarding a proposed Scheme of Arrangement with identified shareholders. This scheme aims to achieve a selective reduction of share capital by offering shares of the Bank to identified shareholders, consequently altering the shareholding pattern. The bank's shareholding held by the promoter is expected to decrease from 58.98% to 44.42%, while identified shareholders will increase their stake from 0.22% to 14.46%. The Board of Directors has acknowledged this scheme for further consideration and necessary action.