Utkarsh Small Finance Bank Limited has informed the Exchange that Board of Directors at its meeting held on October 01, 2025, has decided to issue equity shares on rights basis
UTKARSHBNK · price
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Utkarsh Small Finance Bank's Board of Directors, at a meeting held on October 01, 2025, approved issuing equity shares to existing shareholders on a rights basis. A rights issue allows current shareholders to buy additional shares in proportion to their existing holdings, typically at a discounted price. Key details such as the issue size, price, ratio, and record date have not been disclosed in this filing and are expected to follow in subsequent announcements.
Existing shareholders will get the opportunity to increase their stake, but a rights issue can also dilute shareholding if they do not participate. The market may react to the pricing and size of the issue when details are announced.