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Equitas Small Finance Bank Announces Eighth Annual General Meeting and Dividend Details

Chennai, August 13, 2024 – Equitas Small Finance Bank Limited has officially announced the date for its Eighth Annual General Meeting (AGM), scheduled to take place on Tuesday, September 10, 2024, at 11:00 AM IST. The meeting will be conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM), allowing shareholders to participate remotely. The bank also confirmed key details regarding the dividend payment for the financial year 2023-24.

Eighth AGM to Be Held Virtually

In compliance with the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) guidelines, the Eighth AGM of Equitas Small Finance Bank will be conducted virtually. This move ensures the safety of shareholders while maintaining full transparency and accessibility.

Key Details:

• Date & Time: September 10, 2024, at 11:00 AM IST
• Platform: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
• Purpose: To discuss and approve various matters listed in the AGM Notice.

Annual Report and AGM Notice Availability

The Annual Report for the Financial Year 2023-24, along with the AGM Notice, has been dispatched electronically to all members whose email addresses are registered with the bank, its Registrar & Share Transfer Agent (RTA), or their Depository Participants. Shareholders can also access the documents online through the following platforms:

• Bank’s Website: Equitas Bank Shareholder Services
• NSDL Website: NSDL e-Voting
• Stock Exchanges: BSE and NSE

Dividend Information and Record Date

The bank has recommended a final dividend of ₹1.50 per share for the financial year 2023-24, subject to shareholder approval during the AGM. Shareholders whose names appear in the Register of Members as of the record date, August 9, 2024, will be eligible for the dividend. The payment will be made within 30 days from the date of AGM approval.

Key Points:

• Dividend Amount: ₹1.50 per share
• Record Date: August 9, 2024
• Payment Date: Within 30 days from AGM approval

E-Voting Details for Shareholders

Shareholders are encouraged to participate in the voting process through the e-voting system provided by National Securities Depository Limited (NSDL). This allows shareholders to cast their votes remotely on various resolutions listed in the AGM Notice.

E-Voting Period:

• Start Date: September 7, 2024, 9:00 AM IST
• End Date: September 9, 2024, 5:00 PM IST

Shareholders who have not cast their vote during the remote e-voting period can still vote during the AGM.

Mandatory KYC Update for Dividend Payment

In line with SEBI regulations, shareholders holding physical securities must update their KYC details, including PAN, postal address, mobile number, bank account details, and specimen signature with the Registrar and Share Transfer Agent (RTA). Failure to do so may result in delays in receiving dividend payments.

RTA Contact Information: