With reference to the earlier announcement dated May 21, 2026 regarding Notice of Offer for Sale of Shares by Promoter, The President of India, acting through and represented by the Department of Financial Services, Ministry of Finance, Government of India, is the promoter of the Bank (the \Promoter\ and the \Seller\) has now informed BSE as under :
\We refer to the Notice dated May 21, 2026 (\Notice\) sent by the Seller to the Stock Exchanges wherein, the President of India, acting through the Department of Financial Services, Ministry of Finance, Government of India (the \Seller). being the promoter of the Bank (the \Seller) proposed to sell up to 36,20,56,051 Equity Shares of the Bank, (representing 4% of the total paid up equity share capital of the Bank) (\Base Offer Size\), on May 22, 2026, (\T day\) (for non-Retail Investors only) and on May 25, 2026 (\T+1 day\) (for Retail Investors, Employees and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) with an option to additionally sell 36,20,56,051 Equity Shares (representing 4% of the total issued and paid up equity share capital of the Bank) (the \Oversubscription Option\), through the separate designated window of BSE Limited (\BSE\) and National Stock Exchange of India Limited (\NSE\ and together with BSE, the \Stock Exchanges\) and such offer hereinafter referred as the \Offer\), and in the event that the Oversubscription Option is exercised. the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will represent 8% of the total paid-up Equity Share capital of the Bank and will collectively be referred to as the \Offer Shares\ while in the event that such Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will continue be referred to as \Offer Shares\)
In this connection, we wish to exercise the Oversubscription Option to the extent of 36,20,56,051 Equity Shares (representing 4% of the total paid-up equity share capital of the Bank) in addition to 36,20.56,051 Equity Shares of the Bank, (representing 4% of the total paid-up equity share capital of the Bank) forming part of the Base Offer Size. Accordingly, the total Offer Size will be up to 72,41,12,102 Equity Shares (representing 8% of the total paid up equity share capital of the Bank) of which 7,24,11,212 i.e. 10% of the Offer, would be available for Retail Category on T+1 day, i.e. May 25, 2026, subject to receipt of valid bids, as part of the Offer. Additionally, 75,00,000 Equity Shares of the Bank (equivalent to approximately 0.1% of the total issued and paid-up equity share capital of the Bank) will also be offered to the Employees, as part of the Offer.
All Capitalised terms not defined in this intimation letter shall have the same meanings as ascribed to them in the Notice.\