ESAF Financial Holdings submits fresh proposal to bring down ownership in ESAF Bank - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 25 November 2025

ESAF Financial Holdings submits fresh proposal to bring down ownership in ESAF Bank


ESAF Small Finance Bank's promoter, ESAF Financial Holdings, has submitted a revised plan to the RBI to reduce its stake. The new proposal ensures Dia Vikas Capital's shareholding stays below 5%, a change from the previous 12.17% that was rejected. This move aims to provide exits for existing shareholders and introduce new ones, ultimately lowering the promoter's stake.

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