Equitas Small Finance Bank Limited — Others, 24-07-2025: Shareholders meeting
24-07-2025 | 12:51 pm
24-07-2025 | 12:51 pm
Equitas Small Finance Bank shareholders have approved a special resolution to raise capital up to Rs. 1,250 crore through a Qualified Institutions Placement (QIP) or other eligible securities. The postal ballot result showed strong support, with 99.46% of votes cast in favour. This approval empowers the bank to secure significant funding, which is crucial for its future growth, strengthening its financial position, and supporting ongoing operations. This indicates positive shareholder sentiment towards the bank's expansion plans.
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