Ujjivan SFB approves preferential issue of up to 6,31,91,619 shares for approximately Rs. 409.04 crore
As filed · Ujjivan Small Finance Bank Limited has informed the Exchange regarding Outcome of Board Meeting relating to issue of preferential issue held on October 16, 2026.
What happened
FactUjjivan Small Finance Bank’s Board approved a preferential issue of up to 6,31,91,619 fully paid-up equity shares at Rs. 64.73 per share, aggregating up to approximately Rs. 409.04 crore, subject to shareholder approval. The proposed allottees are International Finance Corporation, Bajaj Life Insurance Limited, Aditya Birla Sun Life Insurance Company Limited and HDFC Life Insurance Company Limited; the Bank also approved subscription and policy agreements with IFC and scheduled an EGM for November 13, 2026.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
Withdrawnwe have given you a guidance of 1.8% to 2%, which has considered the spend of this INR250-odd crores in the coming quarters.
we are very hopeful to do this number, what we have guided earlier.
Change
FactImplication
CapitSignal interpretationGuidance
Withdrawnwe have also given you a guidance. ED Madam said it will be around 6.4%, which will be the opex to ATA by the end of the year for the year.
we are confident of maintaining the same CASA growth what we have delivered this quarter.
Change
FactImplication
CapitSignal interpretationCapex
Withdrawnwe are adding 144 branches this year.
we want to spend that money because it is for the development of the bank, and it is going to be responsible for the growth going forward.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- we have also given you a guidance. ED Madam said it will be around 6.4%, which will be the opex to ATA by the (management committed by FY27)
- we are adding 144 branches this year. (management committed by FY27)
Evidence
- Ujjivan Small Finance Bank Limited has informed the Exchange regarding Outcome of Board Meeting relating to issue of preferential issue held on October 16, 2026.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- The proposed transaction would provide the Bank with up to approximately Rs. 409.04 crore of cash consideration from four qualified institutional buyers, but completion remains subject to shareholder approval. The IFC policy agreement also involves compliance with customary provisions required from its investee companies.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%