Search
Equitas SFB’s new securities listed and permitted for trading on exchange
March 10, 2023
Equitas Small Finance Bank Limited on Thursday announced that their new securities, comprising of 78,95,35,166 equity shares of ₹10/- each, have been listed and are now permitted for trading on the Exchange, effective from Friday, March 10, 2023. These shares were issued pursuant to the Scheme of Amalgamation between Equitas Holdings Limited with Equitas Small Finance Bank Limited.
“Trading members of the Exchange are hereby informed that the under mentioned new securities of Equitas Small Finance Bank Limited (Scrip Code: 543243) are listed and permitted for trading on the Exchange with effect from Friday, March 10, 2023,” a BSE statement said.
“78,95,35,166 Equity Shares of ₹10/- each issued pursuant to the Scheme of Amalgamation between Equitas Holdings Limited with Equitas Small Finance Bank Limited,” it added.
As per the statement, the new shares shall rank pari-passu in all respects with the existing equity shares of the company.
“93,39,43,363 shares of Equitas Small Finance Bank Limited have been cancelled on account of cross holding which were held by Equitas Holdings Limited in Equitas Small Finance Bank Limited,” the notice added.
Important Links:
- 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI): https://tscfm.org/courses/4-in-1-professional-diploma-in-banking-financial-services-insurance-pdbfsi/