Ts As required under the SEBI ICDR Regulations, our Bank shall ensure that details of the Equity Shares locked-
in are recorded by the relevant Depository.

8. Pursuant to the SFB Licensing Guidelines, our Promoters’ are required to ensure their shareholding in our
Bank does not fall below 26% of the paid-up Equity Share capital during the first five years from the date of
commencement of our business operations as an SFB, which was January 23, 2017 as described in “Key
Regulations and Policies” beginning on page 172.

Equity Share Capital held by our Promoter Group

Except for 13,523,215 Equity Shares, which are jointly held by P. Surendra Pai (as the first holder) and Savita S. Pai,
none of our other Promoter Group hold Equity Shares of our Bank as on the date of this Prospectus.

Equity Share Capital held by the Selling Shareholders

As on the date of this Prospectus, the Selling Shareholders hold 23,141,816 Equity Shares in aggregate, constituting
23.62% of the pre-Issue Equity Share capital of our Bank.

Our Promoter Group, our Directors and their relatives have not purchased or sold any Equity Shares during a period of
six months preceding the date of this Prospectus. For details of shareholding of our Directors, see “Our Management -
Shareholding of Directors in our Bank” on page 194.

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