AU Small Finance Bank Limited - Outcome of Board Meeting

29 Jul 2022 , 12:00 AM

In continuation to the prior intimation for Board Meeting submitted vide our letter dated 26th June, 2022 and pursuant to Regulation 30 of the Listing Regulations, we hereby inform you that the Board of Directors at its meeting held on Friday, 29th July, 2022 has considered and approved issuance of Unsecured, Rated, Listed, Redeemable, Subordinated, Non-Convertible, Lower Tier II Bonds in the form of Non-Convertible Debentures being categorized as Tier II Capital under Basel II norms up to Rs. 600 Crores including green shoe option of Rs. 200 Crores.The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 09th September, 2015 are given in the enclosed Annexure – I.The meeting of Board of Directors commenced at 8:30 A.M. and concluded at 9:30 A.M.This is for your information and records.