ESAF Small Finance Bank moves up on planning to raise funds via bonds
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ESAF Small Finance Bank is currently trading at Rs. 64.69, up by 0.25 points or 0.39% from its previous closing of Rs. 64.44 on the BSE.
The scrip opened at Rs. 65.12 and has touched a high and low of Rs. 65.19 and Rs. 64.65 respectively. So far 24076 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 82.26 on 08-Feb-2024 and a 52 week low of Rs. 62.05 on 13-Feb-2024.
Last one week high and low of the scrip stood at Rs. 66.10 and Rs. 63.45 respectively. The current market cap of the company is Rs. 3340.41 crore.
The promoters holding in the company stood at 63.39%, while Institutions and Non-Institutions held 12.14% and 24.48% respectively.
ESAF Small Finance Bank is planning to raise funds by way of issuance of Non-Convertible Debentures (Tier II Bonds) on Private Placement basis. The meeting of the Board of Directors of the Company is scheduled on February 23, 2024, inter alia, to consider and approve the same.
ESAF Small Finance Bank (ESAF SFB) the new age social bank continues to redefine the banking experience to all the stakeholders.
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