Loan & Debt22 Jul 2026, 05:00 pm
Utkarsh SFB to Redeem ₹195 Cr NCDs on Aug 13, 2026
AI Summary
Utkarsh Small Finance Bank Limited has issued a Call Option Notice to redeem its 1,950 Rated, Listed, Unsecured, Sub-ordinated, Redeemable, Lower Tier II Bonds in the form of Non-Convertible Debentures (NCDs) aggregating ₹195,00,00,000. The redemption will occur on August 13, 2026, at par, along with accrued interest. This early redemption is exercised as per the terms of the Supplementary Debenture Trust Deed and follows the necessary approval from the Reserve Bank of India. The record date for eligibility is July 29, 2026.
Key Highlights
- Utkarsh SFB exercises call option to redeem NCDs worth ₹195 Cr.
- Redemption date set for August 13, 2026.
- NCDs are Rated, Listed, Unsecured, Sub-ordinated, Lower Tier II.
- RBI approval obtained for early redemption.
- Record date for eligibility is July 29, 2026.
Price Impact
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