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Union Bank of India allots equity shares

31 Mar 2012 Evaluate

Union Bank of India has informed  that the bank after receipt of an amount of Rs. 6,50,30,32,591 from Life Insurance Corporation of India has allotted 2,62,16,620 equity shares of the face value of Rs. 10 each at a premium of Rs. 238.05 to Life Insurance Corporation of India - LIC LIFE fund on preferential basis.

The above information is part of company’s filing submitted to the BSE.

Peers
Company Name CMP
State Bank Of India 982.50
PNB 116.70
Bank Of Baroda 235.25
Canara Bank 124.95
Union Bank Of India 180.00
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