Utkarsh Small Finance Bank Limited — Others, 01-03-2025: Copy of Newspaper Publication
01-03-2025 | 01:15 pm
01-03-2025 | 01:15 pm
Utkarsh Small Finance Bank has announced a board meeting on February 26, 2025, to pass a special resolution for raising funds by issuing equity shares. The bank will conduct a postal ballot via remote e-voting, with results expected to be announced within two working days post-voting closure on March 30, 2025. This strategic move aims to enhance capital adequacy and supports the bank's growth trajectory. Investors may view this as a positive outlook, considering the potential for expanded capabilities and confidence in management's commitment to prudent capital management.
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