Equitas Holdings

VCPL said the contentions raised by RRPR Holdings in a letter are baseless, legally untenable and devoid of merit.

Equitas Small Finance Bank (Equitas SFB) on Wednesday said its gross advances grew by 22 per cent from a year ago to Rs 21,699 crore as of June 30.

Equitas Holdings Ltd has divested its entire shareholding in Equitas Technologies Pvt Ltd as part of regulatory requirement to complete amalgamation involving its subsidiary Equitas Small Finance Bank

P N Vasudevan resigned as the managing director and chief executive officer of the Equitas Small Finance Bank for a career in health and education.

Asks Equitas Holdings to divest shareholding in its subsidiary, Equitas Technologies, prior to the scheme taking effect

The conditions laid down by the RBI on no-objection for amalgamation include divestment of shareholding by EHL in its subsidiary -- Equitas Technologies -- prior to the scheme taking effect

As per the scheme of amalgamation, each equity shareholder of Equitas Holdings will be allotted 231 equity shares for every 100 shares of Equitas SFB.

The boards of Equitas Holdings and its subsidiary Equitas Small Finance Bank (ESFBL) have approved their merger plan, according to regulatory filings

Equitas Holdings Ltd will divest its entire stake in subsidiary Equitas Technologies Pvt Ltd (ETPL) as part of the requirement for the merger with Equitas Small Finance Bank (ESFB)

The company on Wednesday reported the plunge in consolidated net profit

Equitas SFB will issue 226 shares to holding company's shareholders for every 100 they held

The board of directors and shareholders of Equitas Holdings Ltd (EHL) and Equitas Small Finance Bank (ESFB) on Monday approved the amalgamation scheme of the two companies.

The Reserve Bank of India has allowed small finance banks (SFBs) and respective holding companies to apply for the Amalgamation scheme

Trading volumes on the counter jumped over 6-fold with a combined 18.99 million shares having changed hands on the NSE and BSE till 10:35 am

Price band fixed at Rs 32-33 a share; promoter stake to drop to 82-83% from 95.49% currently

ESFB filed the papers on October 11, EHL said in a regulatory filing. The prospectus was taken on record by the RoC on October 13, it added

Equitas Small Finance Bank had received the Sebi's approval for the IPO on March 3

Total income of the company, however, rose to Rs 787.09 crore during the quarter under review from Rs 662.52 crore in the same period of 2019, it said in a BSE filing

In separate circulars, the exchanges said futures and options (F&O) contracts will not be available for trading in the securities of these three companies with effect from August 28, 2020

The fall, analysts say, has been on concerns that the financial industry has will be the worst hit among sectors, given the disruptions to the country's economic activity caused by Covid-19 outbreak.