Board of Union Bank of India to approve fund raising options
On 30 June 2021
The Board of Union Bank of India will meet on 30 June 2021 to consider and approve the capital plan of the Bank by way of various modes such as raising of Equity Capital through Public Issue (i.e. Follow-on Public Offer) and/or Rights Issue and/or Private Placements, including Qualified Institutions Placements and/or Preferential Allotment to the Government of India and/or other institutions and/or through any other mode(s) and issue of Basel III Tier 1 Bonds & Tier 2 Bonds subject to approval of the Government of India and other regulatory authorities.Powered by Capital Market - Live News
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