Credit Rating- Others

June 20, 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 & 976979 Dear Sir/Madam Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Re-affirmation of Credit Rating Pursuant to Regulation 30 and other applicable clauses of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that CRISIL Ratings Limited vide its letter dated June 19, 2026 (received by the Bank on June 19, 2026 at 17: 19 P.M.) has re- affirmed the rating for Certificate of Deposits of the Bank as per the below mentioned details: Facility/Program Amount (in Rs.) Rating assigned Status Certificate of Deposits 100 Crores Crisil A1+ Re-affirmed The letter from the rating agency is enclosed. This is for your information and record. Thanking you, Yours faithfully, For Equitas Small Finance Bank Limited N Ramanathan Company Secretary Crisil Ratings CONFIDENTIAL RL/EQSFPL/398243/CD/0626/150731 June19.2026 Mr.N Siidharan ChiefFinancialOfficer EquitasSmallFinanceBankLimited SpencerPlaza,6thFloor,Phasen, No.769.AnnaSalai. Chennai- 600002 9840348194 DearMr.N Sridharan. Re:ReviewofCrisilRatingontheRs.100CroreCertificateofDepositsofEquitasSmallFinanceBankLimited AllratingsassignedbyCrisilRatingsarekeptundercontinuoussurveillanceandreview. Crisil Ratings has. after due consideration, reaffirmed its Crisil A1+ (pronounced as Crisil A one plus rating) rating on the captioned debt instrument. Securities with this rating are considered to have very strong degree of safety regarding timely paymentoffinancialobligations.Suchsecuritiescarrylowestcreditrisk. Forthepurposeofissuanceofcaptioneddebtprogramme,thisletterisvalidfor60calendardaysfromthedateoftheletter.In theeventofyourcompanynotplacingtheaboveprogrammewithinthisperiod,orintheeventofanychangeinthesize/structure ofyourproposedissue,theratingshallhavetobereviewedandaletterofrevalidationshallhavetobeissuedtoyou.Oncethe instrument is issued, the above rating is valid (unless revised) throughout the life of the captioned debt Programme with a contractedmaturityofoneyearorless. AsperourRatingAgreement.CrisilRatingswoulddisseminatetheratingthroughitspublicationsandothermedia,andkeepthe ratingundersurveillanceforthelifeoftheinstrument.CrisilRatingsreservestherighttowithdraworrevisetheratingsassigned tothecaptionedinstrumentatanytime,onthebasisofnewinformation,orunavailabilityofinformationorothercircumstances, whichCrisilRatingsbelieves,mayhaveanimpactontherating.Pleasevisitwww.crisifratings.comandsearchwiththenameof theratedentitytoaccessthelatestrating/s. CrisilRatings’products/activitiesorratingsofinstrumentsotherthan‘securitiesthatarelistedorproposedtobelisted'mayfall underthepurviewoffinancialsectorregulators(FSRs)otherthanSEBI.Inrespectofsuchproducts/activitiesorratings(under thepurviewofotherFSRssuchasReserveBankofIndia(RBI),MinistryofCorporateAffairs(MCA),InsuranceRegulatoryand DevelopmentAuthorityofIndia (IRDAI).amongothers),thegrievance/disputeredressalandinvestorprotection mechanisms availableunderSEBIregulationsshallnotbeapplicable.Alistofproducts/activitiesorratingsofinstrumentsfallingtraderthe purviewofvariousFSRsalongwiththenamesofrespectiveFSRshasbeendulydisclosedbyCrisilRatingsonitswebsite. Alinktothesamehasbeenprovidedbelowforreadyreference: https://www.crisilratings.com/en/home/our-business/ratings/regulatory-disclosures/list-of-activities-instruments-and-names-of- regulators.html Shouldyourequireanyclarification,pleasefeelfreetogetintouchwithus. Withwarmregards. Yourssincerely. Crisil Ratings VaniOjasvi NiveditaShibu AssociateDirector-CrisilRatings Director-CrisilRatings DisclaimerAratingbyCrisilRatingsreflectsCrisilRatings'currentopiniononthelikelihoodoftimelypaymentoftheobligationsundertheratedinstrument,anddoes notconstituteanauditoftheratedentitybyCrisilRatings.OurratingsarebasedonInformationprovidedbytheissuerorobtainedbyCrisilRatingsfromsourcesit considersreliable.CrisilRatingsdoesnotguaranteethecompletenessoraccuracyoftheinformationonwhichtheratingisbased.AratingbyCrisilRatingsIsnota recommendationtobuy/sellorholdtheratedinstrument;itdoesnotcommentonthemarketpriceorsuitabilityforaparticularinvestor CrisilRatingshasapracticeof keepingallitsratingsundersurveillanceandratingsarerevisedasandwhencircumstancessowarrant.CrisilRatingsIsnotresponsibleforanyerrorsandespecially statesthatithasnofinancialliabilitywhatsoevertothesubscribers/users/transmitters/distributorsofitsratings.CrisilRatings'criteriaareavailablewithoutchargeto thepubliconthewebsite,www.crisilratmgs.com.CrisilRatingsoritsassociatesmayhaveothercommercialtransactionswiththecompany/entity.Forthelatestrating information on any instrument of any company rated by Crisil Ratings, please visit www.crisilralings.com or contact Customer Service Helpdesk at CnsilratinqdeskiSicnsilcomorat1800-267-3850 CrisilRatingsLimited CorporateIdentityNumber:U67100MH2019PLC326247 RegisteredOffice:LightbridgeITPark,SakiVlharRoad,AndheriEast.Mumbai400072,India. Phone:+912261373000Iwww.crisilratings.com acompanyof S&PGlobal Crisil Ratings Annexure:Listofinstrumentsandnamesofregulatorsoftheinstruments AsrequiredbySEBICRACirculardatedFeb10.2026.alistofactivitiesorinstrumentsfallingunderthepurviewofvariousFSRs. alongwiththenamesofrespectiveFSRs,isbeingdisclosedbelow: A. Ratingactivities Sr.No. Instrument/activityName Regulatorofthe instruments 1 Listed/Proposedtobelistedbonds'debentures/preferenceshare(allsecurities) SEBI 2 Unlisted/ProposedtobeunlistedBonds/Debentures/Preferenceshare(allsecurities) MCA 3 ListedPTCs/SecuritisationNotes(originatedbyentitiesregulatedbyRBI)* SEBI 4 ListedPTCs/SecuritisationNotes(originatedbyentitiesnotregulatedbyRBI)* SEBI 5 UnlistedPTCs/SecuritisationNotes(originatedbyentitiesregulatedbyRBI)* RBI 6 ListedCommercialPaperandNCDswithoriginalmaturitylessthan1year RBI 7 UnlistedCommercialPaperandNCDswithoriginalmaturitylessthan1year RBI 8 LoanFacilities(Fund/Non-FundBased)fromBank/NBFCs/NHB/FIs A RBI 9 ExternalCommercialBorrowingsandothersimilarborrowings RBI 10 CertificatesofDeposit RBI 11 FixedDepositsraisedbyNBFC's.Banks.HFCs,Fis RBI 12 FixedDepositsraisedbycorporatesotherthanNBFCs,Banks,HFCs.FIs MCA 13 InterCorporateDeposits/LoansextendedbyCorporates MCA 14 Borrowingprogramme~ - 15 IssuerRatings# - 16 CreditRatingsforCapitalProtectionOrientedSchemes(byMutalFluidsandAIFs) SEBI 17 Creditqualityratings(CQRs)forMutualFundSchemesandSchemesofAIFs SEBI 18 ListedSecurityReceipts SEBI 19 UnlistedSecurityReceipts RBI 20 IndependentCreditEvaluation(ICE) RBI 21 ExpectedLossRatings(forLoanFacilities(Fund/Non-FundBased)from RBI Bank/NBFCs/NHB/Fis) 22 ExpectedLossRatings(Listed/Proposedtobefistedbonds/debentures/preference SEBI share(allsecurities)) 23 ExpectedLossRatings(Unlisted/ProposedtobeunlistedBonds/Debentures/ MCA Preferenceshare(allsecurities)) 24 UnlistedPTCs/SecuritisationNotes(originatedbyentitiesnotregulatedbyRBI) Investor-sideregulator suchasIRDAI.PFRDA *Includessecuritisationtransactionsinvolvingassigneepayout,acquirer'spayout. ~ The rated instrument may involve issuance of different instruments such as debt securities (listed or otherwise), bank loans, commercialpaper(listedorotherwise),etc.TheregulatoroftheinstrumentmayaccordinglybeSEBI,RBIorMCAandcanonlybe determineduponissuance.InPRssubsequenttoissuance(s),CrisilRatingsLimitedshallseparatelycapturetheratedquantumdetails alongwithnamesofrespectiveregulators. AIncludesbankfacilitiessuchasliquidityfacility,secondlossfacilitythatarepartofsecuritisationtransactions. #Thereisnoinstrumentbeingratedandhence.RegulatoroftheInstrumentisnotapplicable.Theratingscaleanddefinitionsare beingfollow'edasstipulatedinSEBIMasterCircularforCRAs. @ These ratingswereassigneddiningregulatoryregimeprior to introduction ofSEBICRACircular dated Feb10, 2026and the inv [Showing first 8,000 characters — download PDF for full document]