ESAF Small Finance Bank allots ₹1.5 bn in Tier II bonds

ESAF Small Finance Bank Limited announced on November 10, 2025, the allotment of 15,000 listed, rated, taxable, unsecured, transferable, redeemable, fully paid-up Basel II compliant lower Tier II subordinated bonds. These non-convertible debentures (NCDs), each with a face value of ₹100,000, aggregate to ₹1,500,000,000 and were issued on a private placement basis.

The NCDs bear a fixed coupon rate not exceeding 11.30% per annum, payable quarterly. The bonds have a tenure of 69 months, with the date of allotment being November 10, 2025, and the maturity date set for August 10, 2031. They are proposed to be listed on the Negotiated Trade Reporting Platform under the New Debt Market of the National Stock Exchange of India Limited.

This allotment adheres to the requirements of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and reflects the bank's strategy to enhance its financial structure.