Utkarsh Small Finance Bank shareholders approved the appointment of Sarjukumar Pravin Simaria as Whole-time Director and other key board changes at its 10th Annual General Meeting on August 04, 2026. The resolutions, including the reappointment of Dr. Ram Jass Yadav and Mr. Parveen Kumar Gupta, passed with overwhelming support, reflecting strong backing for the bank’s leadership strategy amid its stabilization phase. The meeting was conducted via Video Conferencing in compliance with Ministry of Corporate Affairs and SEBI regulations.

The scrutinizer’s report, filed on August 05, 2026, details that all five resolutions were passed with requisite majorities. Voting rights for promoters were restricted to 26% of total voting rights in accordance with Section 12(2) of the Banking Regulation Act, 1949, and RBI Guidelines dated January 16, 2023. Consequently, approximately 29.66 crore shares held by promoters were excluded from the valid vote count across all resolutions.

Resolution Results

Shareholders voted on ordinary and special business items. The appointment of Sarjukumar Pravin Simaria as Whole-time Director received 99.96% support from valid votes cast. Dr. Ram Jass Yadav’s reappointment as Director secured 99.97% approval. Mr. Anjani Srivastava was appointed as Non-Executive Non-Independent Director with 99.97% support, while Mr. Parveen Kumar Gupta’s reappointment as Independent Director garnered 99.98% backing.

Governance and Compliance

Avinash Bagul of BNP & Associates served as the scrutinizer for the e-voting process. The remote e-voting window remained open from August 01, 2026, to August 03, 2026. A total of 260 members participated in voting, representing 86.43 crore shares. The Joint Statutory Auditor’s Report and Secretarial Auditors’ Report for FY25-26 contained no qualifications or adverse remarks, signaling improved governance compliance following previous regulatory scrutiny.

What the Numbers Show

The near-unanimous support for board appointments indicates shareholder confidence in Utkarsh Small Finance Bank’s management direction. The strict application of RBI norms capping promoter voting rights at 26% underscores the bank’s adherence to regulatory frameworks designed to protect minority interests. This governance rigor, combined with clean audit reports, supports management’s narrative of a stabilized institution focused on long-term sustainability over short-term growth.

Utkarsh Small Finance Bank has released the audio recording of its earnings conference call held on August 03, 2026, providing investors and analysts with access to management's commentary on the bank's financial performance. The call discussed the unaudited financial results for the quarter ended June 30, 2026 (Q4FY27), offering insights into the institution's operational health and strategic direction following the fiscal year close.

The disclosure is made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows a prior notification dated July 29, 2026, which informed stakeholders of the scheduled conference call. The availability of the recording ensures transparency and equal access to information for all market participants.

Key Disclosures

The bank has provided specific details regarding the availability of materials related to the earnings discussion:

The investor presentation accompanying the call was submitted to the stock exchanges vide the bank's letter dated August 01, 2026. It is also available on the bank's website at www.utkarsh.bank.in . The transcript of the call will be submitted in accordance with the SEBI Listing Regulations at a later date.

Compliance Details

The communication was issued by Muthiah Ganapathy, Company Secretary & Compliance Officer, on behalf of Utkarsh Small Finance Bank Limited. The registered and corporate office of the bank is located at Utkarsh Tower, NH-31 (Airport Road) Sehmalpur, Kazi Sarai, Harhua, Varanasi, Uttar Pradesh - 221105. The company identification number (CIN) is L65992UP2016PLC082804.

This filing serves as a formal record for investors and regulatory bodies, ensuring that all market participants have equal access to the management's commentary on the quarter's performance. No specific financial metrics were disclosed in this communication, as it pertains solely to the availability of the earnings call recording.