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Utkarsh Small Finance Bank approves terms of proposed rights issue

08-Oct-2025 | 13:25
At board meeting held on 08 October 2025

The board of Utkarsh Small Finance Bank at its meeting held on 08 October 2025 has approved the terms of proposed rights issue:

  • Total number of shares and issue size - 67,79,13,784 equity shares of Rs 10 each aggregating to Rs 949.07 crore
  • Rights issue price - Rs 14 per equity share (including premium of Rs 4 per share)
  • Rights entitlement ratio - 8:13
  • Record date - 14 October 2025
  • Rights issue opening date - 24 October 2025
  • Rights issue closing date - 03 November 2025

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