Utkarsh CoreInvest Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
UTKARSHBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Utkarsh CoreInvest Limited, the promoter of Utkarsh Small Finance Bank, has submitted a disclosure confirming that no encumbrance (pledge) was created on the bank's equity shares during the financial year 2025-26. This filing is a regulatory requirement under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations. The company explicitly states no direct or indirect encumbrance was made on the equity shares. The disclosure was submitted to both BSE and NSE, with a copy to the bank's Audit Committee.
This is a positive signal for shareholders as it confirms the promoter has not pledged their shares, reducing the risk of forced selling pressure or dilution from margin calls.