Description
Utkarsh Small Finance Bank Limited has fixed October 14, 2025 as the record date for rights issue of 8 equity shares for every 13 shares held at Rs. 14 per share.
Summary
Utkarsh Small Finance Bank Limited (Scrip Code: 543942) has announced a rights issue with record date set for October 14, 2025. Existing shareholders will be entitled to 8 new equity shares of Rs. 10 face value each for every 13 equity shares held. The shares will be issued at a premium of Rs. 4 per share, making the total issue price Rs. 14 per share, payable in full on application. Trading will be conducted on ex-rights basis from October 14, 2025.
Key Points
- Company: Utkarsh Small Finance Bank Limited (Scrip Code: 543942)
- Rights entitlement ratio: 8 new equity shares for every 13 shares held
- Face value: Rs. 10 per share
- Premium: Rs. 4 per share
- Total issue price: Rs. 14 per share
- Payment terms: Full amount payable on application
- Trading segment: Dematerialized securities - Rolling Settlement
- Settlement number: DR-735/2025-2026
Regulatory Changes
No regulatory changes are introduced in this circular. This is a standard corporate action announcement under existing regulations.
Compliance Requirements
- Trading members must execute all transactions in the company’s equity shares on ex-rights basis from the specified date
- Trading members are required to note the record date and ex-rights date for proper settlement
- All transactions must be processed according to the dematerialized securities rolling settlement framework
Important Dates
- Record Date: October 14, 2025
- Ex-Rights Date: October 14, 2025 (Settlement No. DR-735/2025-2026)
- Circular Issue Date: October 9, 2025
Impact Assessment
Market Impact: Medium - The rights issue will increase the equity base of Utkarsh Small Finance Bank Limited. Existing shareholders need to decide whether to subscribe to maintain their proportional ownership. The ex-rights trading may result in price adjustments to reflect the dilution effect.
Shareholder Impact: Existing shareholders as of the record date will receive rights entitlements and must decide whether to subscribe, sell their rights, or let them lapse. Non-subscription will result in dilution of ownership percentage.
Operational Impact: Trading members must ensure their systems are updated to handle ex-rights trading from October 14, 2025, and properly process the rights entitlements for eligible shareholders.
Impact Justification
Rights issue announcement affects existing shareholders with defined entitlement ratio and pricing, requiring investor action within specified timeline