Equitas Small Finance Bank: Equitas Small Finance Bank Limited announces Mr. Balaji Nuthalapadi as Interim CEO, subject to RBI Approval
Equitas Small Finance Bank (EQUITASBNK) filed a disclosure titled "Equitas Small Finance Bank Limited announces Mr. Balaji Nuthalapadi as Interim CEO, subject to RBI Approval". The company is valued at about ₹6,024 crore.
What happened
Equitas Small Finance Bank (EQUITASBNK) filed a disclosure with the exchanges on 4 November 2026 at 08:30 AM titled "Equitas Small Finance Bank Limited announces Mr. Balaji Nuthalapadi as Interim CEO, subject to RBI Approval".
Company snapshot
Equitas Small Finance Bank is a small-cap company in the Financial Services sector, with a market value of about ₹6,024 crore.
The stock last traded at ₹52.65, against a 52-week range of ₹47.32–₹83.9 (37.3% below the high).
Before this filing the shares had moved −23.0% over the month and −31.1% over three months. Average daily turnover over the last 20 sessions was about ₹89.57 crore.
Promoters held 0.00% at the end of Q2 FY27. Foreign institutions owned 15.80% and domestic institutions 52.24%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,846 | 24.1 | 0.21 |
| Q3 FY26 | 1,981 | 90 | 0.79 |
| Q4 FY26 | 2,100 | 212.7 | 1.86 |
| Q1 FY27 | 2,215 | 183.6 | 1.61 |
| Q2 FY27 | 2,358 | 218 | 1.91 |
What history shows
BCEIE has no earlier approval filing from this company on record since May 2026.
Across 146 similar disclosures by other Financial Services companies, shares moved +0.2% on average the next day and +0.5% over five days; 47% of them rose the next day.
Market-wide, 1,575 approval filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
In the news
Recent coverage elsewhere (links open the original publisher):
- Equitas Small Finance Bank shares tumble 27% in two days; analysts say good Q2 numbers marred by CEO exit
- Equitas Small Finance Bank names Balaji Nuthalapadi as Interim CEO
- Earnings call transcript: Equitas Small Finance Bank posts record Q2 2026 profit
- The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
- Equitas Small Finance Bank Q2 2027 Earnings Call Is Live
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.