Description

Utkarsh Small Finance Bank Limited has announced a rights issue of 8 equity shares for every 13 shares held at Rs. 14 per share, with record date set for October 14, 2025.

Summary

Utkarsh Small Finance Bank Limited has fixed the record date for its rights issue of equity shares. The company will issue 8 equity shares of Rs. 10 each for every 13 equity shares held, at a price of Rs. 14 per share (including a premium of Rs. 4 per share). Trading in the company’s shares will be conducted on an ex-rights basis from October 14, 2025.

Key Points

  • Rights ratio: 8 equity shares for every 13 equity shares held
  • Face value: Rs. 10 per share
  • Premium: Rs. 4 per share
  • Total issue price: Rs. 14 per share
  • Entire issue price payable on application
  • Scrip code: 543942
  • Settlement number: DR-735/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must execute all transactions in the company’s equity shares on an ex-rights basis from the specified date
  • Trading members are required to take note of the record date and ex-rights date for settlement purposes
  • Shareholders holding shares as of the record date will be eligible to participate in the rights issue

Important Dates

  • Record Date: October 14, 2025
  • Ex-Rights Date: October 14, 2025
  • Settlement Number: DR-735/2025-2026
  • Notice Date: October 09, 2025

Impact Assessment

Market Impact: Moderate. The ex-rights trading will adjust the share price to reflect the rights issue. Existing shareholders have the opportunity to maintain their proportionate ownership by subscribing to the rights issue.

Shareholder Impact: Shareholders on record as of October 14, 2025, will receive rights entitlements. Non-participation will result in dilution of ownership percentage.

Capital Impact: The rights issue will increase the company’s equity capital and provide additional funds for business operations and growth.

Impact Justification

Rights issue affects existing shareholders' holdings and requires action; moderate impact on share capital structure