StockWatch
·
Other Bank
Merger20 May 2026, 07:21 pm

Utkarsh Small Finance Bank: NCLT Hearing Set for July 23, 2026

AI Summary

Utkarsh Small Finance Bank Ltd. announced that the hearing for the Joint Petition regarding the Scheme of Amalgamation with Utkarsh CoreInvest Limited, filed before the National Company Law Tribunal (NCLT), Bengaluru Bench, has been scheduled for July 23, 2026. This follows the NCLT order dated May 18, 2026, which was uploaded on the NCLT website on May 20, 2026. The bank will comply with all directives outlined in the NCLT order within the specified timelines. The order is accessible via a provided link, and a certified copy is awaited by the bank. This disclosure is also available on the bank's website.

Key Highlights

  • Utkarsh Small Finance Bank's NCLT hearing for amalgamation scheme set for July 23, 2026.
  • The NCLT order, dated May 18, 2026, is available on the NCLT website.
  • Utkarsh Small Finance Bank will adhere to all NCLT order directions.
  • The bank awaits a certified copy of the NCLT order.