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Clarification25 May 2026, 02:39 pm

Utkarsh Small Finance Bank: Scheme of Amalgamation Update - Allahabad Bench

AI Summary

Utkarsh Small Finance Bank Ltd has issued a clarification regarding its previous intimation dated May 20, 2026, concerning the Scheme of Amalgamation. The update specifies that the reference to the Hon’ble National Company Law Tribunal should be read as "Allahabad Bench, Prayagraj" instead of "Bengaluru Bench." All other details in the original intimation remain unchanged. The disclosure is available on the bank's website.

Key Highlights

  • Utkarsh Bank clarifies NCLT reference in Scheme of Amalgamation update.
  • The correct NCLT reference is Allahabad Bench, Prayagraj.
  • Original intimation dated May 20, 2026, remains otherwise unchanged.
  • Disclosure available on Utkarsh Bank's website.