Board of UCO Bank considers preferential issue of equity shares to GoI

On 01 August 2016

UCO Bank announced that the Board of Directors considered the proposal for issue of equity shares to Government of India against their proposed constribution of Rs 775 crore towards the equity capital of the bank on preferential basis at a price determined in accordance with SEBI ICDR Regulations, 2009 and subject to approvals from SEBI, RBI and shareholders.

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