Joint Ventures28 March 2026 at 02:51 pm
Utkarsh Small Finance Bank Ltd. Announces Outcome of NCLT Meeting on Scheme of Amalgamation
AI Summary
Utkarsh Small Finance Bank Ltd. has announced the outcome of the National Company Law Tribunal (NCLT) convened meeting of the Unsecured Creditors held on March 28, 2026. The meeting was held in compliance with the relevant provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting was attended by 16 Unsecured Creditors and was chaired by Dr. Santosh Kumari, Chairperson of the Meeting appointed by the Hon’ble NCLT. The Bank has not received any request from the Unsecured Creditors during the specified period to speak at the Meeting.
Key Highlights
- Utkarsh Small Finance Bank Ltd. held a NCLT convened meeting of the Unsecured Creditors on March 28, 2026 to discuss the Scheme of Amalgamation between Utkarsh CoreInvest Limited and Utkarsh Small Finance Bank Limited.
- The meeting was held in compliance with the relevant provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The meeting was attended by 16 Unsecured Creditors and was chaired by Dr. Santosh Kumari, Chairperson of the Meeting appointed by the Hon’ble NCLT.
- The Bank has not received any request from the Unsecured Creditors during the specified period to speak at the Meeting.