
AGM/EGM11 Sept 2026, 12:36 pm
Equitas SFB AGM: Auditors Appointed, MD Reappointed, ₹1750 Cr Capital Raised
AI Summary
Equitas Small Finance Bank Limited held its 10th Annual General Meeting (AGM) on September 9, 2026. Key outcomes include the approval of M/s. Sundaram & Srinivasan as Joint Statutory Auditors, the re-appointment of Mr. Vasudevan P N as MD & CEO, and the re-appointment of Ms. Geeta Dutta Goel as an Independent Director. Additionally, shareholders approved raising capital up to ₹500 Crores through Redeemable Unsecured Non-Convertible Debentures and up to ₹1250 Crores via Qualified Institutions Placement, totaling ₹1750 Crores.
Key Highlights
- AGM approved appointment of Sundaram & Srinivasan as Joint Statutory Auditors.
- Members re-appointed Mr. Vasudevan P N as MD & CEO.
- Ms. Geeta Dutta Goel re-appointed as Independent Director.
- Approved raising ₹500 Cr via NCDs and ₹1250 Cr via QIP.
- Total capital raising approval amounts to ₹1750 Crores.
Price Impact
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