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UCO Bank allots equity shares to LIC of India

Capital Market 

On preferential basis

announced that on 29 November 2016, the has issued and allotted 7,17,00,000 equity of Rs. 10/- to Life Insurance Corporation of at an issue price of Rs. 37.74 per equity including a premium of Rs. 27.74 on preferential basis. The above will be under lock-in for a period of one year from the date of trading from the Stock Exchanges i.e. NSE & BSE where the equity of the are listed.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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