20-Jun-2026 21:55:26
UTKARSHBNKGeneral news
UTKARSH SMALL FINANCE BANK : BOARD APPROVES RS 500 CR TIER II BONDS; APPOINTS NEW DIRECTOR
• Board approved issuance of unsecured, subordinated, redeemable, Tier II bonds aggregating up to ₹500 crore on a private placement basis. • The 10th Annual General Meeting (AGM) will be held on Tuesday, August 04, 2026, at 02.30 p.m. IST through video conferencing. • Mr. Sarjukumar Pravin Simaria appointed as Additional Director (Whole Time Director) for 3 years from June 22, 2026, subject to shareholder approval. • Mr. Simaria relinquishes his position as Chief Financial Officer effective close of business hours on June 20, 2026. • Board meeting commenced at 10:00 a.m. (IST) and concluded at 07:30 p.m. (IST).
Utkarsh Small Finance Bank Ltd
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