Utkarsh Small Finance Bank Limited disclosed the outcomes of its Capital Structuring and Fund Raise Committee meeting held on Tuesday, July 21, 2026. The meeting commenced at 10:30 a.m. IST and concluded at 11:35 p.m. IST.
The Committee approved two key items:
1. Execution of Supplementary Debenture Trust Deed: Approved the execution of a supplementary debenture trust deed to the existing Debenture Trust Deed dated June 26, 2020. This deed was originally entered into between the Bank and IDBI Trusteeship Services Limited, which acts as the debenture trustee.
2. Exercise of Call Option: Approved the exercise of a call option on August 13, 2026 for the redemption, at par, of 1,950 Rated, Listed, Unsecured, Redeemable, Lower Tier II Bonds. These bonds are in the nature of Non-Convertible Debentures and aggregate to ₹195 crores.
The Bank will issue a notice under Regulation 15 of the SEBI (Issue and Listing of Non-convertible Securities) Regulations, 2021 to the debenture holders and Debenture Trustee in due course. A copy of this notice will also be provided to the stock exchanges where these Non-Convertible Debentures are listed.
The disclosure was made by Muthiah Ganapathy, Company Secretary & Compliance Officer, and was digitally signed on July 21, 2026 at 11:57:31 IST. A copy was also sent to IDBI Trusteeship Services Limited at their Mumbai address: Universal Insurance Building, Ground Floor, Sir P.M. Road, Fort, Mumbai - 400 001.
This disclosure is available on the Bank's website at www.utkarsh.bank.in.