Utkarsh SFB files Scheme of Amalgamation with NCLT for Utkarsh CoreInvest
Utkarsh Small Finance Bank Limited (Transferee Company) has filed a joint application with Utkarsh CoreInvest Limited (Transferor Company) to the Hon'ble National Company Law Tribunal, Allahabad Bench...
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Why is Utkarsh Small Finance Bank Limited in the news today?
Utkarsh Small Finance Bank Limited (UTKARSHBNK) is in the news due to the announcement is a procedural update regarding an ongoing amalgamation process and does not contain immediate positive or negative financial implications.
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Utkarsh SFB files Scheme of Amalgamation with NCLT for Utkarsh CoreInvest
December 26, 2025, 06:02 PM
Top Queries to Ask About Utkarsh Small Finance Bank Limited
Utkarsh Small Finance Bank Limited (Transferee Company) has filed a joint application with Utkarsh CoreInvest Limited (Transferor Company) to the Hon'ble National Company Law Tribunal, Allahabad Bench (NCLT) on December 26, 2025. This filing is for the proposed Scheme of Amalgamation under sections 230 to 232 of the Companies Act, 2013.
The purpose of this filing is to seek directions from the NCLT regarding the convening of meetings for the equity shareholders and other relevant stakeholders of both companies. This action is a continuation of the proposed amalgamation, which was initially approved by the Bank's Board of Directors subject to necessary regulatory approvals.
The disclosure regarding this amalgamation process will also be made available on the Bank's official website, www.utkarsh.bank.in.
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