Equitas Finance Pvt Ltd has informed BSE regarding Intimation about the Board approval for the proposed Scheme of Amalgamation of Equitas Micro Finance Limited and Equitas Housing Finance Limited with the Company subject to approval of RBI and High Court of Madras. The holding company, Equitas Holdings Limited (EHL) has been granted in-principle approval by RBI for setting up a Small Finance Bank (SFB). In terms of the said approval and pursuant to RBI Guidelines on Licensing of Small Finance Bank, the subsidiaries of EHL viz., EMFL, EHFL and the Company have to be merged into a single entity to become the proposed SFB through a Court approved scheme of arrangement under the applicable law and the merger is to be effective before the commencement of business as a SFB. Acccordingly, the Board of Directors of the Company, the holding company and the other two subsidiaries (EMFL and EHFL) have approved the Scheme of Amalgamation for merger of EMFL and EHFL with the Company in their separate Board Meetings held on 26th November 2015. The Scheme is subject to the approval of the RBI' Equitas Holdings Ltd has informed BSE that: 1. The Company has obtained a Certificate of Registration from RBI dated September 01, 2016, registering the Company as a Non-Deposit taking Systemically Important Core Investment Company (CIC-ND-SI) in order to meet the requirements laid down by Reserve Bank of India (RBI) while granting approval to the Company to establish a Small Finance Bank. 2. The Board has fixed September 05, 2016 as the date on which Equitas Small Finance Bank would commence operations. 3. In accordance with the Scheme of Amalgamation approved by the Hon'ble High Court of Madras, Equitas Micro Finance Limited (EMFL) and Equitas Housing Finance Limited (EHFL) have merged with Equitas Finance Limited (EFL) effective on September 02, 2016. 4. ROC-Chennai has approved the change of name of Equitas Finance Limited to Equitas Small Finance Bank Limited vide fresh Certificate of Incorporation dated September 02, 2016. (As per BSE Announcement dated on 02.09.2016) Equitas Holdings Ltd has informed BSE regarding 'Intimation about Subsidiary'. (As per BSE Announcement dated on 23.12.2016) With reference to the earlier letter dated June 16, 2016 and December 23, 2016 wherein, Equitas Holdings Ltd has now informed BSE about receipt of Court approval for the Scheme of Amalgamation of Equitas Micro Finance Limited (EMFL) and Equitas Housing Finance Limited (EHFL) with Equitas Finance Limited and receipt of Court approval for dissolution of EMFL and EHFL, respectively. We would like to inform that we have filed the certified copy of the Order dated December 02, 2016 (Certified Copy of Order received on December 22, 2016) approving dissolution of EMFL and EHFL with Registrar of Companies. Subsequently, the said dissolution was approved and taken on record by the Registrar of Companies on January 03, 2017. (As Per BSE Announcement Dated on 03.01.2017) Equitas Holdings Ltd has informed BSE that pursuant to Court approved Scheme of Amalgamation of Equitas Micro Finance Limited and Equitas Housing Finance Limited with Equitas Finance Limited (subsequently renamed as Equitas Small Finance Bank Limited), the Board of Equitas Small Finance Bank Limited has in its Meeting held on January 31, 2017, approved the allotment of 46,37,38,063 (Forty six crore thirty seven lakh thirty eight thousand and sixty three only) equity shares of face value of Rs. 10/- each at par, credited as fully paid up, to the Holding Company, Equitas Holdings Limited. (As Per BSE Announcement Dated on 01.02.2017)