Outcome of Board Meeting

September 16, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Mumbai – 400051 Mumbai – 400 001 Symbol : EQUITASBNK Scrip Code : 543243,976218 and 976979 Dear Sir Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Outcome of Board meeting held on September 16, 2026 In continuation to our intimation letter dated September 09, 2026 and pursuant to Regulation 30 (read with Part A of Schedule III) & other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of the Bank (“the Board”) at its meeting held today i.e., September 16, 2026 has inter-alia transacted the following item of business: Raising of capital through issuance of Non-Convertible debentures The Board has approved the issuance of up to 50,000 (Fifty Thousand) Rated, Listed, Unsecured, Subordinated, Transferable, Redeemable, Fully Paid Up, Lower Tier II Non-Convertible Debentures having a face value of Rs.1,00,000/- (Rupees One Lakh only) each, of the aggregate nominal value of up to Rs.500,00,00,000/- (Rupees Five Hundred Crores only) in a single series, to be categorized as Lower Tier II Capital (in compliance with Basel II framework on Capital Adequacy) (“Bonds”/ “NCDs”/ “Debentures”) in dematerialized form on a private placement basis. The details as required under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure. The Meeting of the Board of Directors of the Bank commenced at 11:00 hours and concluded at 11:45 hours. Kindly take the above information on record, which will also be available on the Bank's website at www.equitas.bank.in Thanking you, Yours faithfully, For Equitas Small Finance Bank Limited N Ramanathan Company Secretary Encl: a/a Annexure Details as required under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S. Particulars Details 1 Type of securities proposed to be issued Issuance of Rated, Listed, Unsecured, (viz. equity shares, convertibles etc.) Subordinated, Transferable, Redeemable, Fully Paid Up, Lower Tier II Non-Convertible Debentures in a single series, to be categorized as Lower Tier II Capital (in compliance with Basel II framework on Capital Adequacy) (“Bonds”/ “NCDs”/ “Debentures”) on a private placement basis in dematerialized form 2 Type of issuance (further public Issuance on private placement basis to one or offering, rights issue, depository more prospective eligible investors receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3 Total number of securities proposed to Up to Rs. 500,00,00,000/- (Rupees Five Hundred be issued or the total amount for which Crores only) the securities will be issued (approximately) 4 Size of the issue 5 Whether proposed to be listed? If yes, Yes, the Non-Convertible Debentures are name of the stock exchange(s) proposed to be listed on BSE Limited 6 Tenure of the instrument - date of As may be approved by the Board of Directors allotment and date of maturity 7 Coupon/interest offered, schedule of As may be approved by the Board of Directors payment of coupon/interest and principal 8 Charge/security, if any, created over Not applicable as the proposed issuance is the assets unsecured 9 Special right/interest/privileges There are no special rights/interest/ privileges attached to the instrument and attached to the instrument changes thereof 10 Delay in payment of interest / principal Not Applicable amount for a period of more than three months from the due date or default in payment of interest / principal 11 Details of any letter or comments Not Applicable regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any 12 Details of redemption of preference Not Applicable shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures For Equitas Small Finance Bank Limited N Ramanathan Company Secretary