Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting - Capital Raising Plan
Corporate Actions:
The Board of Directors approved a comprehensive capital plan to raise capital up to ₹8,000 crore, structured as follows:
- Equity Capital Raising: Up to ₹3,000 crore through various methods including:
- Public Issue (Further Public Offer)
- Rights Issue
- Private Placements including Qualified Institutions Placements
- Preferential Allotment
- Combination of above methods
- Debt Capital Raising: Up to ₹5,000 crore through Basel III compliant instruments:
- Additional Tier 1 Bonds
- Tier 2 Bonds
- Foreign currency denominated AT1/Tier 2 Bonds
Meeting Details:
The Board meeting commenced at 11:00 AM and concluded at 2:00 PM on May 26, 2026.
Filing Reference:
Reference Number: ISD/54/2026-27 dated May 21, 2026