NSEChange in Management7 Sept 2026 · 7 Sept 2026, 08:37 pm

Change in Management

Equitas Small Finance Bank Limited · EQUITASBNK

✦ AI SummaryMgmt Change

Equitas Small Finance Bank Limited has informed the Exchange about the appointment of Mr. Sivaraman K as Head-Operations and Senior Management Personnel of the Bank, effective September 07, 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Equitas Small Finance Bank Limited has informed the Exchange about appointment of Senior Management Personnel

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EQUITASBNK_07092026203656_Appointment_of_SMP.pdf

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September 07, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeeboy Towers Bandra Kurla Complex (BKC) Dalal Street Bandra (east) Mumbai – 400001 Mumbai – 400051 Symbol: EQUITASBNK Scrip Code No: 543243,976218 & 976979 Dear Sir / Madam Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Appointment of Senior Management Personnel Pursuant to Regulation 30 and other applicable clauses, if any, of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, as amended from time to time and pursuant to the approval for appointment accorded by the appropriate authority in the Bank, we would like to inform that Mr. Sivaraman K has been appointed as Head-Operations of the Bank and designated as Senior Management Personnel of the Bank effective today, i.e., September 07, 2026. He will take charge from Mr. Siby Sebastian, erstwhile Head-Operations. As part of an internal role transition, Mr. Siby Sebastian, will continue to be a part of the Senior Management Personnel of the Bank and will Head Strategic Transformation. The details as required under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI Master Circular no. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated 30th January, 2026 are enclosed herewith. Appointment of Mr. Sivaraman K, Head-Operations and Senior Management Personnel of the Bank S. Particulars Details 1 Name of the Senior Management Personnel Mr. Sivaraman K, Head-Operations 2 Reason for change viz. appointment, re- Appointment as Head-Operations and appointment, resignation, removal, death or designated as Senior Management Personnel otherwise 3 Date of appointment/re-appointment/ September 07, 2026 cessation (as applicable) & term of appointment/re-appointment 4 Brief profile (in case of appointment) Mr. Sivaraman brings over 30 years of extensive banking experience, with significant leadership expertise across end- to-end banking operations, process transformation, regulatory compliance, governance and operational excellence. Prior to joining the Bank, he served as Senior General Manager & Head – Banking Operations Group at South Indian Bank, where he led a large nationwide operations function covering branch operations, liabilities and assets operations, payments and settlements, trade finance, reconciliation, currency chest and ATM management, along with a broad range of retail and para-banking support services. 5 Disclosure of relationship between Directors Not Applicable (in case of appointment of a Director) Kindly take the above information on record. Thanking you, Yours faithfully, For Equitas Small Finance Bank Limited N Ramanathan Company Secretary