Intimation of approval of Board for issuance of equity shares by way of Preferential Issue

USFB/CS/SE/2026-27/99 Date: October 16, 2026 National Stock Exchange of India Limited BSE Limited Listing Department Listing Compliance Exchange Plaza, C-1, Block G, Bandra Kurla Complex, P.J. Tower, Bandra (E) Dalal Street, Fort, Mumbai – 400 051 Mumbai – 400 001 Symbol: UJJIVANSFB Scrip Code: 542904 Dear Sir/Madam, Sub: Intimation under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Further to the prior intimation made by the Bank on October 13, 2026, under Regulation 29 of the Listing Regulations and pursuant to Regulation 30 read with Schedule III of the Listing Regulations, we wish to inform you that the Board of Directors of the Bank at its meeting held today i.e., October 16, 2026, has inter alia considered and approved the following: 1) Execution of the subscription agreement between the Bank and International Finance Corporation (“IFC”). 2) Subject to the approval of the members of the Bank, to offer and issue, an aggregate of up to 6,31,91,619 equity shares having a face value of Rs. 10 (ten) each at a price of Rs. 64.73 (including a premium of Rs. 54.73 each to the below proposed allottees for consideration aggregating up to ~Rs. 409.04 Crores, by way of preferential issue on a private placement basis: Sr. No. Name of th e Allottee Maxium Number of Maximum Subscription Equity Shares Amount (including premium) (Rs.) 1. International Finance Corporation 3,84,73,561 2,49,03,93,603.53 2. Bajaj Life Insurance Limited 92,69,272 59,99,99,976.56 3. Aditya Birla Sun Life Insurance 77,24,393 49,99,99,958.89 Company Limited 4. HDFC Life Insurance Company 77,24,393 49,99,99,958.89 Limited Total 6,31,91,619 4,09,03,93,497.87 Note: all the above proposed allottees are ‘qualified institutional buyer’ as defined under Regulation 2(1)(ss) of the SEBI ICDR Regulations The relevant date for determining the minimum price for the preferential allotment of the equity shares is October 14, 2026, being the day 30 days prior to the date of the Extra Ordinary General Meeting (EGM) of the members of the Bank that is being scheduled to be held on November 13, 2026, at which the preferential issue is to be considered. The aforesaid preferential issue will be in accordance and compliance with the provisions of the Companies Act, 2013 and the rules made thereunder and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable laws. 3) Execution of a policy agreement between the Bank and IFC, pursuant to which, the Bank has agreed to comply with certain customary provisions that IFC, in its capacity as a multilateral development finance institution requires from its investee companies. 4) As stated, convening of the EGM of the shareholders of the Bank on November 13, 2026; the EGM notice as approved by the Board today, will be issued to the shareholders and submitted to the exchanges in due course. The meeting of the Board of Directors of the Bank commenced at 11:00 A.M. and the above agenda items were approved at 12:30 P.M. Disclosures required under Regulation 30 of the SEBI LODR, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 last updated on January 30, 2026, are enclosed as Annexures-1, 2 & 3. This intimation will also be available on the website of the Bank www.ujjivansfb.bank.in We request you to take note of the above. Thanking You, Yours faithfully, For UJJIVAN SMALL FINANCE BANK LIMITED Sanjeev Barnwal Company Secretary & Head of Regulatory Framework Encl: Annexures Annexure 1: Preferential Issue Sr. Particulars Details 1. Type of securities proposed to be issued (viz. Equity Shares equity shares, convertibles etc.); 2. Type of issuance (further public offering, Preferential allotment in accordance with Chapter V of rights issue, depository receipts (ADR/GDR), SEBI ICDR Regulations, Companies Act, 2013 and qualified institutions placement, preferential other applicable law, subject to shareholders approval allotment etc.) 3. Total number of securities proposed to be The Bank proposes to issue up to 6,31,91,619 (six issued or the total amount for which the crore thirty one lakh nine one thousand six hundred securities will be issued (approximately); and nineteen) equity shares, fully paid-up, at the price of Rs. 64.73 (Rupees Sixty Four and Paise Seventy Three only) per equity share including premium of Rs. 54.73 (Rupees Fifty Four and Paise Seventy Three only) per equity share, for consideration aggregating up to ~Rs. 409.04 crore on a preferential basis, for cash consideration. 4. Names of the investors Sr. Name of the shareholder 1. International Finance Corporation (IFC) 2. Bajaj Life Insurance Limited 3. Aditya Birla Sun Life Insurance Company Limited 4. HDFC Life Insurance Company Limited 5. Number of investors 4 (four) 6. Issue price Rs. 64.73 including premium of Rs. 54.73 per equity share 7. Pre and post-preferential issue shareholding of Before the preferential issue: the investor Name of the No. of Percentage shareholder shares held International Finance 6,21,32,650 3.18 Corporation Bajaj Life Insurance 49,25,000 0.25 Limited Aditya Birla Sun Life Nil -- Insurance Company Limited HDFC Life Insurance Nil -- Company Limited After the preferential issue: Name of the Maximum Maximum shareholder no. of shares Percentage held International Finance 10,06,06,211 4.99% Corporation Bajaj Life Insurance 1,41,94,272 0.70% Limited Aditya Birla Sun Life 77,24,393 0.38% Insurance Company Limited HDFC Life Insurance 77,24,393 0.38% Company Limited 8. In case of convertibles - intimation on Not applicable conversion of securities or on lapse of the tenure of the instrument. Annexure 2: Execution of Subscription Agreement with IFC Sr. Particulars Details 1. Name(s) of parties with whom the agreement The parties to the subscription agreement (SSA) are: is entered (along with names and relationship (i) the Bank; and (ii) International Finance Corporation of the counterparties with the listed entity) (IFC), an existing shareholder of the Bank. 2. Purpose of entering into the agreement Preferential issue of equity shares by the Bank to IFC. 3. Shareholding, if any, in the entity with whom As of October 15, 2026, IFC holds 6,21,32,650 equity the agreement is executed shares of the Bank of Rs. 10 each, aggregating to a shareholding of 3.18% in the Bank. 4. Significant terms of the agreement (in brief) The consummation of the preferential issue to IFC is subject to the satisfaction of customary conditions precedent, including receipt of shareholders’ approval, in-principle approval from the BSE Limited and National Stock Exchange of India Limited and all other terms and conditions as set out in the SSA. The SSA includes customary indemnification obligations of the Bank. 5. Extent and the nature of impact on None management or control of the listed entity 6. Details and quantification of the restriction or As stated in point 4 above. liability imposed upon the listed entity 7. Whether the said parties are related to No. The Bank does not have any promoters. promoter/promoter group/ group companies in any manner. If yes, nature of relationship 8. Whether the transaction would fall within No, the transaction would not fall within related party related party transactions? If yes, whether the transaction. same is done at “arm’s length” 9. In case of issuance of shares to the parties, Up to 3,84,73,561 equity shares having a face value of details of issue price, class of shares issued Rs. 10 (ten) each at a price of Rs. 64.73 (including a premium of 54.73 each, to IFC, for a total consideration aggregating up to ~Rs. 249.04 Crores. 10. Any other disclosures related to such None agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc. Annexure 3: Execution of Policy Agree [Showing first 8,000 characters — download PDF for full document]