Equitas Small Finance Bank board approves up to ₹500 crore Lower Tier II NCDs
Equitas Small Finance Bank · Banks
Key highlights
- Board approved issuing up to 50,000 rated, listed, unsecured, subordinated, redeemable, fully paid up Lower Tier II Non-Convertible Debentures in a single series
- Each debenture has a face value of Rs.1,00,000; aggregate nominal value up to Rs.500,00,00,000 (Rupees Five Hundred Crores only), by private placement in dematerialized form
- Proposed to be listed on BSE Limited and categorized as Lower Tier II Capital (Basel II framework); tenure and coupon are to be approved by the Board
Why it's rated notable: The Board approved an issue of up to Rs. 500,00,00,000 in Lower Tier II NCDs, about 6.2% of the ₹8,010 crore market value, which meets the fundraise threshold for high impact, and the Board approval is a granted approval, so it is treated as binding even though the issue amount is stated as up to th
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Board Meeting Outcome for Outcome Of Board Meeting Held On September 16, 2026
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Equitas Small Finance Bank
- Management changeNotableEquitas Small Finance Bank appoints Mr. Balaji Nuthalapadi as Interim CEO
- Fundraise / allotmentNotableEquitas Small Finance Bank lists Rs.500 crore Lower Tier II Bonds on BSE
- Board / shareholder meeting outcomeNotableEquitas SFB shareholders pass all 10 AGM resolutions incl. QIP up to Rs.1250 crores
- Board / shareholder meeting outcomeNotableEquitas Small Finance Bank Limited announces 10th AGM voting results and resolutions
- Board / shareholder meeting outcomeNotableEquitas Small Finance Bank sets 10th AGM for September 9, 2026 via VC/OAVM
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- Fundraise / allotmentGoldkart JewelsGoldkart Jewels Limited approves preferential issue of up to 41.5 lakh warrants
- Fundraise / allotmentTunwal E-MotorsTunwal E-Motors Limited reports utilisation of ₹81.65 crore IPO proceeds till Sept 2026
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on management's own guidance
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.