Key Changes in Board Composition

  • Mr. Deepak Kumar Chatterjee (DIN: 03379600) will complete his term as Non-Executive Independent Director on 28th July 2026
  • He will cease to be Non-Executive Independent Director, Chairperson of the Board, and member of multiple committees effective closure of business hours on 28th July 2026
  • Committees affected: Risk Management Committee, Stakeholders Relationship Committee, Unitholder Protection Committee, and FINCON Governance Committee

New Chairperson Appointment

  • Board meeting held on 22nd July 2026 selected Ms. P. V. Bharathi (DIN: 06519925) as new Chairperson
  • Effective date: 29th July 2026
  • Ms. Bharathi is currently a Non-Executive Independent Director of the company

Director Profile - P. V. Bharathi

  • 37 years of professional banking experience, starting as Probationary Officer at Canara Bank in December 1982
  • Rose to Executive Director (WTD) of Canara Bank in September 2016
  • Worked across rural, semi-urban, urban and metro branches nationwide
  • Served at various administrative levels: Regional Office, Circle Office, and Head Office
  • International experience: Worked at Hong Kong Branch handling International Operations
  • As Executive Director, responsible for monitoring international operations, road shows for fundraising, and meeting foreign regulators
  • Former Chief Risk Officer who implemented Advanced Approaches in Credit Risk, Market Risk and Operational Risk
  • Former MD & CEO of Corporation Bank who brought the bank out of Prompt Corrective Action
  • Managed merger transition between Andhra Bank and Union Bank of India through Town Hall Meetings
  • Awards: Jhansi Rani Award for Banking and Aryabhata International Award 2017
  • Education: Bachelor of Science (Daulat Ram College, Delhi), B.Ed (Central Institute of Education), MA Economics (University of Rajasthan)
  • Professional certifications: Certified Associate of Indian Institute of Bankers (CAIIB), advanced banking programs from IIBF and NIBM

Regulatory Compliance Details

  • Disclosure reference number: UTI/AMC/CS/SE/2026-27/0694 dated 22nd July 2026
  • Board meeting timing: 1400 hrs to 1745 hrs IST on 22nd July 2026
  • SEBI Circular reference: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026
  • Disclosure available on company website www.utimf.com per Regulation 46 of SEBI Listing Regulations

Relationship Disclosures

  • Ms. P. V. Bharathi is not related to any other director of the company
  • Ms. P. V. Bharathi is not debarred from holding director office pursuant to any SEBI Order or authority order