Announced Fri, 16 May · 20:20 IST

ESAF Small Finance Bank Limited has informed that the Board of Directors of the Bank, in the Board Meeting held on Friday, May 16, 2025 had amended the Policy for Monitoring of Insider Trading inter alia the Code of Practices and Procedures for Fair disclosure of Unpublished Price Sensitive Information formulated in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015.

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AI summary

ESAF Small Finance Bank's Board of Directors, at a meeting held on May 16, 2025, approved amendments to its Policy for Monitoring of Insider Trading, including the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. The changes align the policy with Regulation 8 of SEBI's Prohibition of Insider Trading Regulations, 2015. This is the 6th revision of the policy, now at Version 4.0, with the bank's previous annual review having been done on February 10, 2025. The amended policy has been filed with BSE and NSE and is also available on the bank's investor relations website. The intimation was signed by Ranjith Raj P, Company Secretary and Compliance Officer.

Likely market impact

This is a routine regulatory compliance update with no material impact on shareholders or the stock price. The amendment strengthens the bank's internal governance framework around insider trading and fair disclosure, which is standard practice for SEBI-listed entities.