ESAF Small Finance Financial institution on Friday stated its Board has authorized the sale of as much as ₹1,700 crore price of non-performing belongings and written-off loans to an Asset Reconstruction Firm (ARC).
The pool carries an general provision protection of 94%, based on the alternate submitting. The Asset Sale Committee has been authorised to barter and finalise valuation utilizing the Swiss problem methodology, the financial institution stated.
Forward of the announcement, shares of ESAF Small Finance Financial institution Ltd closed 0.71% increased at ₹25.64 on the NSE.
In the identical assembly, the Board additionally famous the retirement of 4 administrators — Shri Ajayan Mangalath Gopalakrishnan Nair, Shri Ravi Venkatraman, Shri Gabriel John Samuel (all efficient December 12, 2025), and Shri Ravimohan Periyakavil Ramakrishnan, who retires as Half-Time Chairman and Unbiased Director with impact from 20 December 2025.
Moreover, the financial institution has reconstituted a number of Board committees, together with the Audit Committee, Threat Administration Committee, Stakeholders Relationship Committee, and CSR & Sustainability Committee, with adjustments efficient December 13, 2025.
The assembly, held between 2:00 pm and 4:15 pm, additionally confirmed that disclosures have been uploaded to the financial institution’s web site.
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