Utkarsh Small Finance Bank has completed its mandatory regulatory filing by submitting certificates under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The submission, made on April 2, 2026, demonstrates the bank's adherence to securities market regulations and transparency requirements.

Regulatory Compliance Framework

The certificates were issued pursuant to Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates that companies provide detailed information about securities transactions, including dematerialization and rematerialization activities, to ensure market transparency and investor protection.

Registrar and Transfer Agent Role

KFin Technologies Limited, serving as the bank's Registrar to an Issue and Share Transfer Agent, played a crucial role in this compliance process. The company issued separate certificates to both major depositories - National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).

Sharmila Hemant Amin, Assistant Vice President at KFin Technologies Limited, signed the certificates confirming that all required details of securities dematerialized and rematerialized during the specified period have been furnished to stock exchanges where the bank's shares are listed.

Depository Communications

The certificates were formally communicated to both depositories with specific reference numbers:

• NSDL Certificate: Reference KFIN/USBL/NSDL/74(5) E/1
• CDSL Certificate: Reference KFIN/USBL/CDSL/74(5) E/1

Both certificates contained identical confirmations regarding the bank's compliance with securities transaction reporting requirements, ensuring comprehensive coverage across India's depository infrastructure.

Corporate Structure and Operations

Utkarsh Small Finance Bank operates from its registered and corporate office located at Utkarsh Tower, NH-31 (Airport Road) Sehmelpur, Kazi Sarai, Harhua, Varanasi, Uttar Pradesh. The bank maintains its corporate identity number L65992UP2016PLC082804 and continues to serve customers through its established banking operations.

This regulatory filing represents the bank's ongoing commitment to maintaining transparency in its securities operations and ensuring compliance with SEBI regulations. The systematic approach to regulatory reporting through its appointed registrar demonstrates the bank's structured approach to corporate governance and regulatory adherence.

Utkarsh Small Finance Bank conducted a National Company Law Tribunal (NCLT) convened meeting of unsecured creditors on March 28, 2026, to deliberate on the scheme of amalgamation between Utkarsh CoreInvest Limited and the bank. The meeting, held through video conferencing at 03:30 p.m. IST, concluded with unanimous approval of the amalgamation scheme, as confirmed by the scrutinizer's report dated March 31, 2026.

Meeting Structure and Voting Results

The unsecured creditors meeting was conducted in compliance with the Companies Act, 2013, and SEBI Listing Regulations. Company Secretary and Compliance Officer Muthiah Ganapathy confirmed attendance of 16 unsecured creditors, with the bank subsequently disclosing comprehensive voting results through its April 1, 2026 communication to stock exchanges.

Comprehensive E-Voting Process and Unanimous Approval

The bank implemented a comprehensive e-voting mechanism through National Securities Depository Limited (NSDL) platform, ensuring transparent creditor participation in the decision-making process. The voting rights were proportionate to outstanding amounts due by the company as on the cut-off date of November 30, 2025.

Detailed Voting Results and Creditor Participation

According to the scrutinizer's report issued by CA Sumit Agrawal on March 31, 2026, the voting process demonstrated strong creditor support for the amalgamation scheme. The results showed complete unanimity among participating creditors.

Scheme Approval and Regulatory Compliance

The resolution for approval of the Scheme of Amalgamation between Utkarsh CoreInvest Limited and Utkarsh Small Finance Bank Limited was passed with the requisite majority, exceeding the required three-fourths in value of unsecured creditors present. The scheme received prior approvals from Reserve Bank of India dated January 2, 2025, and no adverse observation letters from BSE Limited and National Stock Exchange of India Limited dated July 4, 2025, and July 7, 2025, respectively.

Final Documentation and Disclosure

In accordance with Regulation 44 of the SEBI Listing Regulations, the bank disclosed the combined e-voting results along with the scrutinizer's report to stock exchanges on April 1, 2026. The meeting summary and related disclosures are available on the bank's website at www.utkarsh.bank.in , ensuring transparency and regulatory compliance under Regulation 30 of the SEBI Listing Regulations. All relevant records relating to the voting process have been sealed and handed over to the Company Secretary for safe keeping.