UTI Asset Management Company Limited (UTI AMC) has announced that the implementation of its Voluntary Retirement Scheme (VRS) will have a financial impact on the company’s Profit and Loss Statement. The scheme will result in an impact of ₹85.79 Crore, attributable to ex-gratia payments. This impact will be reflected in the financial statements for Q3 of FY 2025-26.
Voluntary Retirement Scheme Impact
UTI Asset Management Company Limited (UTI AMC) has disclosed the anticipated financial impact of its Voluntary Retirement Scheme (VRS) on its financials. The company communicated that the launch of the VRS will affect its Profit and Loss Statement.
Financial Implications for Q3 FY26
The company anticipates that the ex-gratia payments associated with the Voluntary Retirement Scheme will result in a total impact of ₹85.79 Crore. This amount will be accounted for in the financial statements for the third quarter (Q3: Oct-Dec) of the financial year 2025-26.
Source: BSE
