Meeting Details

  • Date: September 09, 2026
  • Time: 11:00 Hours (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office of the Bank
  • Type of Meeting: Tenth Annual General Meeting

Directors and Key Personnel Present

Present in person at Registered Office:

  • Mr. Anil Kumar Sharma, Independent Director and Part-time Chairman
  • Mr. K S Sampath, Independent Director and Chairman of Audit Committee
  • Mr. P N Vasudevan, Managing Director & CEO
  • Mr. Balaji Nuthalapadi, Executive Director
  • Mr. Mukund Shyamrao Barsagade, Chief Financial Officer
  • Mr. N Ramanathan, Company Secretary & Compliance Officer

Present through VC:

  • Mr. Ramesh Rangan, Independent Director
  • Dr. Gulshan Rai, Independent Director
  • Mr. Navin Puri, Independent Director
  • Ms. Geeta Dutta Goel, Independent Director
  • Mr. N R Narayanan, Independent Director

Proposed Resolutions and Implications

Ten resolutions were proposed for shareholder approval:

| Item | Resolution Type | Particulars |

| 1 | Ordinary | To adopt Audited Financial Statements for FY ended March 31, 2026 |

| 2 | Ordinary | To re-appoint Mr. Balaji Nuthalapadi (DIN: 08198456) as Director |

| 3 | Ordinary | To appoint M/s. Sundaram & Srinivasan, Chartered Accountants as Joint Statutory Auditors |

| 4 | Ordinary | To fix remuneration payable to Joint Statutory Auditors for FY 2026-27 |

| 5 | Ordinary | To re-appoint Mr. Vasudevan P N (DIN: 01550885) as MD & CEO |

| 6 | Ordinary | To fix remuneration payable to Mr. Vasudevan P N as MD & CEO |

| 7 | Ordinary | To fix remuneration payable to Mr. Balaji Nuthalapadi as Executive Director |

| 8 | Special | To re-appoint Ms. Geeta Dutta Goel (DIN: 02277155) as Independent Director |

| 9 | Special | To issue Redeemable Unsecured Non-Convertible Debentures/Bonds on private placement basis |

| 10 | Special | To raise capital via QIP up to ₹1250 crores through equity shares or other eligible securities |

Voting Process and Methods

  • Remote e-voting facility provided from September 06, 2026 (09:00 Hours IST) to September 08, 2026 (17:00 Hours IST)
  • Option to vote at AGM available for members who didn't vote through remote e-voting
  • M/s. Mohan Kumar & Associates, Practicing Company Secretaries appointed as Scrutinizer for e-voting process
  • 15 minutes provided at meeting end for members to cast votes through e-voting

Attendance and Participation

  • Total shareholders as of cut-off date (September 02, 2026): 365,457
  • Shareholders attending AGM: 73 (all public shareholders)
  • Promoter attendance: No promoters, hence not applicable

Financial and Operational Highlights from Speeches

Chairman's Speech Highlights:

  • FY 2025-26 was a year of consolidation and regrowth
  • Global economy expanded by 3.5% in 2025
  • India's Real GDP grew by 7.7% in FY 2025-26 with inflation at 1.7%
  • Banking system credit growth around 16%, Gross NPAs declined to 1.8%
  • Small Finance Banks sector: advances grew 23%, deposits grew 19%, Gross NPAs improved to 2.30%
  • Equitas SFB specific metrics:
  • Gross Advances: ₹46,150 crore (22% growth)
  • Deposits: ₹46,533 crore (8% growth)
  • Gross NPAs: 2.60%
  • PCR: 73%
  • Net NPAs: 0.72%
  • Q1 FY26 loss: ₹224 crore
  • Q4 FY26 PAT: ₹213 crore (highest ever quarterly profit)
  • Full year FY26 PAT: ₹103 crore
  • CRAR: 20.31%

MD's Speech Highlights:

  • Microfinance portfolio reduced to 10% of total advances
  • Q1 FY26 additional one-time provisions: ₹330 crore
  • Focus on secured lending franchise and liability profile strengthening
  • Launched FCNR deposits and operationalized Authorised Dealer Category-I licence
  • Introduced House of ELITE platform for affluent customers
  • 28,000 employees serving customers across 16 States and 2 Union Territories
  • Variable pay framework for Whole-Time Directors linked to performance assessment

Compliance and Regulatory Aspects

  • Meeting conducted in compliance with MCA and SEBI circulars
  • Companies Act 2013 and Rules thereunder followed
  • Secretarial Standard on General Meetings (SS-2) issued by ICSI adhered to
  • Statutory Registers and requisite documents available for electronic inspection
  • Proceedings were video recorded
  • Results of e-voting to be announced to Stock Exchanges and made available on Bank's website within regulatory timelines