Utkarsh Small Finance Bank Limited has informed the Exchange that Board of Directors at its meeting held on October 08, 2025, has decided to issue equity shares on rights basis in the ratio of 8 : 13, i.e 8 Equity Shares for every 13 Equity Shares held. Issue Price is 14 per share.
UTKARSHBNK · price
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Utkarsh Small Finance Bank's Board of Directors, at its meeting on October 8, 2025, approved a rights issue of equity shares. The ratio is 8 new equity shares for every 13 shares held by existing shareholders. The issue price has been fixed at ₹14 per share. Eligible shareholders will get the right to subscribe to these new shares in proportion to their current holdings. The funds raised will be used to strengthen the bank's capital base, which is particularly important for a small finance bank as it grows its loan book and meets regulatory capital requirements.
Existing shareholders will see their holdings diluted unless they fully subscribe to the rights entitlement. The ₹14 issue price is well below the stock's prevailing market price, making the offer potentially attractive but also signalling a significant capital raise that may pressure the stock in the short term.