Equitas Small Finance Bank Limited (EQUITASBNK)
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Show Cause Notice received from Tamil Nadu GST authorities dated Sep 19, 2026, proposing Rs. 533.81 Cr demand including tax Rs. 485.18 Cr, interest Rs. 0.11 Cr, and penalty Rs. 48.52 Cr. Demand mainly relates to disallowance of exemption on interest income from loans. Bank believes interest income is exempt under Notification 12/2017-Central Tax and will contest the notice. Liability not crystallised; detailed response to be submitted within prescribed timeline.
Source: Original filing PDF
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🚨 EQUITASBNK — Quarterly Results
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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