Board of UCO Bank to consider raising of capital

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Capital Market
Last Updated : Jan 11 2019 | 5:31 PM IST

On 17 January 2019

UCO Bank announced that the meeting of the Board of Directors of the Company is scheduled on 17 January 2019 ,inter alia, to consider and approve Raising of equity capital through Preferential issue to Govt. of India against capital infusion of Rs 3076 crore, Raising of equity capital through QIP, Raising of capital through Employee Stock Purchase Scheme, raising of Tier-II capital and to convene EGM for seeking approval of the share holders.

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First Published: Jan 11 2019 | 5:17 PM IST

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