The Board of Equitas Small Finance Bank at its meeting held on 21 July 2025 has approved the issuance of up to 50,000 Rated, Listed, Unsecured, Redeemable, Fully Paid-Up, Subordinated, Non-Convertible Debentures having a face value of Rs.1,00,000/- each, of the aggregate nominal value of up to Rs.500 crore including a green shoe option of up to 25,000 Rated, Listed, Unsecured, Redeemable, Fully Paid-Up, Subordinated Non Convertible Debentures having a face value of Rs. 1,00,000/- aggregating up to Rs. 250 crore, in a single series, to be categorized as Lower Tier II Capital (in compliance with Basel II framework on Capital Adequacy) (Bonds/ NCDs/ Debentures) on a private placement basis.
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