UTI Asset Management Company Ltd has launched a Voluntary Retirement Scheme (VRS) effective October 1, 2025. The company disclosed that the scheme will impact its profit and loss statement by ₹85.79 crore, recognized as ex-gratia payments, to be accounted for in the Q3 FY 2025-26 financials, reflecting a strategic workforce realignment.
                                        
                        
	UTI Asset Management Company Limited has formally announced the implementation of a Voluntary Retirement Scheme (VRS) for its eligible employees, starting October 1, 2025. This strategic move, approved by the board in late September 2025, is aimed at optimizing operational efficiency and aligning workforce strength with future business objectives.
	 
	The financial ramifications of the VRS have been clearly outlined by the company, which anticipates an impact of ₹85.79 crore on its profit and loss statement for the third quarter of the fiscal year 2025-26. This amount corresponds to ex-gratia payments made to employees opting for voluntary retirement. These payments are part of a structured exit plan intended to provide eligible employees a dignified departure while enabling UTI AMC to strategically reshape its human resource base.
	 
	The decision comes as a part of compliance with SEBI Listing Regulations and relevant circulars, ensuring transparency and timely disclosure to stakeholders. The scheme's closure and final financial impact will be determined after the completion of the VRS period.
	 
	Notable Updates:
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		Voluntary Retirement Scheme effective from October 1, 2025.
 
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		Financial impact of ₹85.79 crore recorded as ex-gratia payments.
 
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		Impact reflected in Q3 FY 2025-26 profit and loss statement.
 
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		Board approval granted in September 2025.
 
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		Part of strategic workforce realignment.
 
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		Disclosure complies with SEBI Listing Regulations.
 
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		Final impact to be ascertained post scheme closure.
 
	The launch of this scheme signals UTI AMC's proactive approach to managing its human capital in a competitive financial services environment, aiming for sustained business efficiency and growth.
	 
	Sources: UTI Asset Management Company Ltd filings on NSE, BSE.