Board approves rights issue of up to Rs 950 crore
UTKARSHBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.8 pts more than its Other Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On October 1, 2025, the board approved a rights issue of equity shares worth up to Rs 950 crore to eligible shareholders, their renouncees and specific investors, if any. The price, entitlement ratio, record date and payment terms will be decided on October 8, 2025.
The issue may strengthen the bank's capital and fund growth, but shareholders who do not participate could have their ownership diluted. Final terms are pending.