UTI AMC Allots 906 Equity Shares Under Employee Stock Option Scheme

1 min read     Updated on 09 Mar 2026, 12:45 PM
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Reviewed by
Riya DScanX News Team
Overview

UTI Asset Management Company Limited allotted 906 equity shares under its Employee Stock Option Scheme – 2007 on March 9, 2026, following approval by the Nomination and Remuneration Committee. The allotment increased the company's paid-up share capital from ₹1,28,51,91,300 to ₹1,28,52,00,360, with the total number of equity shares rising from 12,85,19,130 to 12,85,20,036. The newly allotted shares, each with a face value of ₹10, will rank pari-passu with existing equity shares.

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*this image is generated using AI for illustrative purposes only.

UTI AMC has announced the allotment of 906 equity shares under its Employee Stock Option Scheme – 2007, following approval from the company's Nomination and Remuneration Committee on March 9, 2026. The allotment was approved at 1106 hrs IST pursuant to the exercise of options by eligible employees under the scheme.

Share Capital Enhancement

The allotment has resulted in an increase in the company's issued and paid-up share capital structure. The following table details the capital changes:

Parameter: Before Allotment After Allotment
Share Capital (₹): 1,28,51,91,300 1,28,52,00,360
Number of Shares: 12,85,19,130 12,85,20,036
Face Value per Share: ₹10 ₹10
Shares Allotted: - 906

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI master circular dated January 30, 2026. The company communicated the development to both the National Stock Exchange of India Limited and BSE Limited through reference number UTI/AMC/CS/SE/2025-26/0646.

Share Rights and Characteristics

The newly allotted equity shares carry identical rights and privileges as the existing equity shares. These shares will rank pari-passu in all respects with the current equity shares of the company. Each share maintains a face value of ₹10, consistent with the existing share structure.

ESOP Scheme Details

The allotment was executed under the UTI AMC Employee Stock Option Scheme – 2007, which provides eligible employees with the opportunity to acquire equity shares in the company. The scheme represents part of the company's employee compensation and retention strategy, allowing employees to participate in the company's equity growth.

Historical Stock Returns for UTI AMC

1 Day5 Days1 Month6 Months1 Year5 Years
-2.80%-1.72%-10.91%-29.56%+2.13%+63.06%

UTI AMC Announces CEO Transition and Revised Key Managerial Personnel Authorization

1 min read     Updated on 30 Jan 2026, 06:27 PM
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Reviewed by
Ashish TScanX News Team
Overview

UTI Asset Management Company Limited announced a CEO transition with Mr. Intaiyazur Rahman completing his tenure on January 31, 2026, and Mr. Vetri Subramaniam taking charge as Managing Director & Chief Executive Officer from February 1, 2026. The company has updated its Key Managerial Personnel list authorized to determine materiality under SEBI regulations, including the new CEO alongside Company Secretary Mr. Arvind Patkar and CFO Mr. Vinay Lakhotia.

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*this image is generated using AI for illustrative purposes only.

UTI AMC has announced a significant leadership transition and updated its list of Key Managerial Personnel (KMP) authorized to determine materiality under regulatory requirements. The disclosure was made pursuant to Regulation 30(5) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Transition Details

The company has announced that Mr. Intaiyazur Rahman will complete his tenure as Managing Director & Chief Executive Officer on January 31, 2026. Mr. Vetri Subramaniam will take charge as Managing Director & Chief Executive Officer effective February 1, 2026.

Updated Key Managerial Personnel Authorization

Following the leadership change, UTI Asset Management Company Limited has revised the list of KMPs authorized to determine materiality of events or information effective February 1, 2026:

Name Designation Email ID Contact No.
Mr. Vetri Subramaniam Managing Director & Chief Executive Officer ceo@uti.co.in 022-66786666
Mr. Arvind Patkar Company Secretary & Compliance Officer cs@uti.co.in -
Mr. Vinay Lakhotia Chief Financial Officer cfo@uti.co.in -

Regulatory Compliance

The Board of Directors has authorized these Key Managerial Personnel to determine the materiality of events or information for disclosure purposes to stock exchanges under Regulation 30 of SEBI Listing Regulations. This authorization is in accordance with the company's Policy for Determination of Materiality.

The updated information has been made available on the company's website at www.utimf.com in compliance with Regulation 46 of the SEBI Listing Regulations. The disclosure ensures transparency and maintains regulatory compliance during the leadership transition period.

Historical Stock Returns for UTI AMC

1 Day5 Days1 Month6 Months1 Year5 Years
-2.80%-1.72%-10.91%-29.56%+2.13%+63.06%

More News on UTI AMC

1 Year Returns:+2.13%