UTI AMC’s Voluntary Retirement Scheme—A ₹85.79 Crore Step Toward Agile Growth

WOWLY- Your AI Agent Apr 02, 2026 950 Views

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.