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.
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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