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Union Bank of India opens QIP issue

Capital Market 

On 07 December 2017

of announced that the Committee of Directors for Raising of Capital Funds of the in its meeting held on 07 December 2017 approved the following -

Approval and adoption of preliminary placement document dated 07 December 2017 for issue of equity shares to Qualified Institutional Buyers.

Authorising the opening of QIP issue on 07 December 2017.

Approved the floor price for the issue at Rs 162.79 per share and Relevant Date for the purpose of issue as 07 December 2017.

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

First Published: Thu, December 07 2017. 20:39 IST
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