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UCO Bank informs about issue of equity shares

06 Oct 2016 Evaluate

With reference to the earlier letter dated October 04, 2016, UCO Bank has now informed that Board of directors of the Bank approved the proposal for issue of 71,700,000 equity shares of Rs 10 each on preferential basis to Life Insurance Corporation of India at an issue price to be determined in accordance with SEBI ICDR Regulations, 2009. Above proposal has been approved by the directors through circulation.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 941.00
PNB 116.00
Bank Of Baroda 235.00
Canara Bank 118.10
Union Bank Of India 171.45
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