Description
677,913,784 equity shares of Utkarsh Small Finance Bank Limited issued on rights basis at Rs. 10/- each with Rs. 4/- premium listed and permitted to trade with effect from November 7, 2025.
Summary
BSE has listed 677,913,784 new equity shares of Utkarsh Small Finance Bank Limited (Scrip Code: 543942) issued on rights basis. The shares are issued at face value of Rs. 10/- each with a premium of Rs. 4/- per share. These securities will be available for trading from Friday, November 7, 2025. The new shares rank pari-passu with existing equity shares of the company.
Key Points
- Total New Shares Listed: 677,913,784 equity shares
- Face Value: Rs. 10/- per share
- Issue Premium: Rs. 4/- per share
- Issue Type: Rights basis
- Scrip Code: 543942
- ISIN: INE735W01017
- Distinctive Numbers: 1101609901 to 1779523684
- Date of Allotment: November 5, 2025
- Trading Commencement: November 7, 2025
- Ranking: Pari-passu with old equity shares
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
Trading members of BSE are informed about the listing and are expected to facilitate trading in these new securities from the specified date.
Important Dates
- Allotment Date: November 5, 2025
- Listing Date: November 6, 2025
- Trading Commencement: November 7, 2025 (Friday)
Impact Assessment
This is a substantial rights issue that significantly increases the equity share capital of Utkarsh Small Finance Bank Limited. The approximately 678 million new shares represent a major capital raise, likely aimed at supporting the bank’s growth and regulatory capital requirements. Since the shares rank pari-passu with existing equity, there is no dilution in rights for existing shareholders who participated in the rights issue. The trading commencement will increase the float and liquidity of the stock.
Impact Justification
Large rights issue of 677.9 million shares increasing share capital significantly, but routine listing process with shares ranking pari-passu with existing equity.