08 Oct 2025 | 3 Mins Read
Utkarsh Small Finance Bank to raise ₹950 crore with rights issue
Flipitmoney
Utkarsh Small Finance Bank approved a ₹950 crore rights issue at ₹14 per share, a 33% discount from the market price. Existing shareholders will get 8 rights shares for every 13 held as of October 14, 2025. The issue will open on October 24, 2025, and close on November 3, with 67.79 crore equity shares to be issued.