The board of directors of Equitas Small Finance Bank Limited meeting held on April 24, 2024, approved completion of tenure of Mr. Arun Ramanathan, Part-time Chairman and Independent Director of the Bank. Mr. Arun Ramanathan will cease to be the Part- time Chairman and Independent Director of the Bank from the close of business hours on April 24, 2024 consequent to the cessation of upon his attaining the age of seventy five (75) years, being the upper age limit prescribed for Non- Executive Directors by RBI.