Utkarsh Small Finance Bank Limited — Board Meeting, 09-11-2024: Outcome of Board Meeting

Utkarsh Small Finance Bank's Board approved the audited financial results for the half-year ending September 30, 2024, showing an unmodified audit opinion. The Board modified the existing employee stock option plan, adding over 5.5 million options, pending shareholder approval. A postal ballot notice was issued for appointing a new Whole-time Director and for the approval of the updated ESOP plan. The financial results indicate a solid performance, aligning with regulatory compliance standards.