ESAF Small Finance Bank Limited — Board Meeting, 21-03-2025: Outcome of Board Meeting

The Board of Directors of ESAF Small Finance Bank has announced a board meeting, during which it approved the proposal to raise Tier II capital through the private placement of unsecured, redeemable non-convertible debentures (NCDs) totaling up to ₹250 Crore. This initiative will occur in one or more tranches during the current or subsequent financial year as per requirements. This strategic move positions the bank to enhance its capital base effectively.