Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting - Preferential Issue of Equity Shares
Key Financial Highlights:
Not Specified
Corporate Actions:
The Board of Directors approved the following:
Preferential Issue Details:
- Total Issue Size: Up to 6,31,91,619 equity shares of face value ₹10 each
- Issue Price: ₹64.73 per share (including a premium of ₹54.73 per share)
- Total Capital Raise: Approximately ₹409.04 Crores
- Relevant Date for Pricing: October 14, 2026
Investor Allocation:
- International Finance Corporation (IFC): 3,84,73,561 shares for ~₹249.04 Crores
- Bajaj Life Insurance Limited: 92,69,272 shares for ~₹60.00 Crores
- Aditya Birla Sun Life Insurance Company Limited: 77,24,393 shares for ~₹50.00 Crores
- HDFC Life Insurance Company Limited: 77,24,393 shares for ~₹50.00 Crores
Shareholding Impact:
- Pre-issue: IFC holds 6,21,32,650 shares (3.18%)
- Post-issue: IFC will hold up to 10,06,06,211 shares (4.99%)
- Bajaj Life Insurance: Will hold up to 1,41,94,272 shares (0.70%)
- Aditya Birla Sun Life: Will hold up to 77,24,393 shares (0.38%)
- HDFC Life: Will hold up to 77,24,393 shares (0.38%)
Extraordinary General Meeting:
- EGM scheduled for November 13, 2026 to seek shareholder approval
Other Significant Information:
- The Bank will issue the EGM notice to shareholders and submit it to the exchanges in due course
- This intimation is available on the Bank's website: www.ujjivansfb.bank.in