Equitas Small Finance Bank Limited (EQUITASBNK)
Outcome of Board Meeting
Board approved RBI's appointment of Mr. Balaji Nuthalapadi as interim MD & CEO for three months from Nov 6, 2026 or until regular MD & CEO appointment.
- Mr. P. N. Vasudevan relieved as MD & CEO with immediate effect on Nov 6, 2026.
- Board appreciated Mr. Vasudevan's leadership and contributions.
- Interim MD & CEO Mr. Balaji Nuthalapadi has 28+ years experience, previously Whole-Time Director since Mar 29, 2025.
- Trading window closed Nov 7-8, 2026, reopening Nov 9, 2026.
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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