Equitas Small Finance Bank Limited — Others, 21-06-2025: Shareholders meeting

Equitas Small Finance Bank has announced a board meeting to seek members' approval via postal ballot (remote e-voting) to raise up to Rs.1,250 Cr through Qualified Institutions Placement by issuing equity shares or convertible securities. The capital raise aims to strengthen the Bank’s Tier I capital base to support growth and expansion plans. The securities will be allotted to qualified institutional buyers, with a minimum 10% allocation to mutual funds. The Board is empowered to finalize issue terms, investor categories, pricing, and other details, ensuring flexibility to capitalize on market conditions. Voting will be conducted electronically, with detailed instructions provided to shareholders.