Equitas Small Finance Bank Limited — Others, 16-05-2025: Shareholders meeting

Equitas Small Finance Bank has announced a board meeting to seek shareholder approval via postal ballot for appointing Mr. Balaji Nuthalapadi as Whole Time Director (Executive Director) for three years starting March 2025. His total pay is INR 4.8 Cr per year, equally divided between fixed and performance-linked variable pay, plus an ESOP grant worth INR 3.4 Cr. With over 28 years in global banking, including senior roles at Citi, his addition aims to enhance the bank’s leadership strength, benefiting strategic growth and governance.