Equitas Small Finance Bank Limited — Board Meeting, 21-07-2025: Outcome of Board Meeting

Equitas Small Finance Bank's board has approved a capital raise! The bank will issue up to Rs 500 Cr in Unsecured, Subordinated Non-Convertible Debentures (NCDs) through a private placement. This includes a greenshoe option for an additional Rs 250 Cr, potentially raising total capital to Rs 750 Cr. These NCDs will be listed on BSE, designed to boost the bank's Lower Tier II Capital. This strategic move aims to strengthen the bank's financial foundation for future growth.