Equitas Small Finance Bank announced that a meeting of its Board of Directors will be held on July 21, 2025, to consider and approve raising capital through the issuance of Subordinated, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. These debentures, categorized as Lower Tier II Capital, will comply with the Basel II framework on Capital Adequacy, subject to regulatory approvals.
The trading window for dealing in the bank's securities remains closed for designated persons and their immediate relatives from July 1, 2025, until 48 hours after the announcement of the unaudited financial results for the quarter ending June 30, 2025.
This decision is subject to approvals from the regulatory authorities, as may be required.
