AU Small Finance Bank has disclosed that the Reserve Bank of India (RBI) has granted approval to Kotak Mahindra Bank Limited (KMBL) to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in AU Small Finance Bank. The bank received RBI's letter dated May 6, 2026, confirming the regulatory clearance. This disclosure was filed with the stock exchanges on May 7, 2026, under Ref. No. AUSFB/SEC/2026-27/67.

Scope of the Approved Acquisition

The RBI approval covers Kotak Mahindra Bank Limited along with its subsidiaries and the funds or schemes managed by KMBL's subsidiaries, collectively referred to as the "Kotak Mahindra Group." The approval permits this group to collectively hold up to 9.99% of the paid-up share capital or voting rights of AU Small Finance Bank. The key details of the approval are summarised below:

Regulatory Conditions

The approval granted by RBI is subject to compliance with a set of applicable regulatory provisions. AU Small Finance Bank has outlined the following conditions attached to the clearance:

• Relevant provisions of the Banking Regulation Act, 1949
• Applicable RBI directions and guidelines
• Provisions of the Foreign Exchange Management Act, 1999
• Regulations issued by the Securities and Exchange Board of India (SEBI)
• Any other applicable statutes, regulations, and guidelines

Disclosure and Compliance

The regulatory disclosure was made by Manmohan Parnami, Company Secretary and Compliance Officer of AU Small Finance Bank, bearing ICSI Membership No. F9999. The filing was submitted to both the National Stock Exchange of India Ltd. and BSE Limited in accordance with applicable listing obligations. AU Small Finance Bank is registered and headquartered at 19-A Dhuleshwar Garden, Ajmer Road, Jaipur - 302001, Rajasthan, India.

AU Small Finance Bank has filed a regulatory declaration confirming that no encumbrance has been created on its equity shares by any member of its promoter and promoter group during Financial Year 2025-26. The disclosure was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was submitted to the stock exchanges on 02/04/2026 from Jaipur.

Regulatory Compliance Under SEBI Takeover Regulations

The declaration affirms that none of the persons or entities classified under the promoter and promoter group, including persons acting in concert, have directly or indirectly encumbered equity shares of AU Small Finance Bank, other than those already disclosed to the stock exchanges during Financial Year 2025-26. This filing is a mandatory annual compliance requirement under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter and Promoter Group Entities Covered

The declaration encompasses the following individuals and entities, as detailed below:

Declaration Details

The declaration was signed by Sanjay Agarwal in his capacity as Promoter, and a copy has been submitted to the Audit Committee of AU Small Finance Bank Limited at its registered office located at 19-A, Dhuleshwar Garden, Jaipur, Rajasthan - 302001. The filing reaffirms the promoter group's compliance with applicable SEBI disclosure norms for the relevant financial year.