Board Meeting8 May 2026, 02:43 pm
Ujjivan SFB to Raise Up to ₹2000 Crore
AI Summary
Ujjivan Small Finance Bank's board has approved raising funds up to ₹2000 Crore through the issuance of equity shares via various permissible modes, including preferential issues, private placements, and qualified institutions placements. This will be done in one or more tranches and issuances, subject to shareholder and regulatory approvals. The funds will be raised under the Companies Act, 2013 and SEBI regulations.
Key Highlights
- Ujjivan SFB board approves raising up to ₹2000 Crore.
- Funds to be raised through equity share issuance.
- Multiple issuance modes include preferential issue and QIP.
- Shareholder and regulatory approvals are required.
- The 10th AGM date for FY25-26 will be announced later.