UCO Bank has informed that the Board of Directors of Bank at its meeting held on this day considered the proposal for issue of equity shares to Government of India on preferential basis against the proposed additional capital infusion of Rs 5132 Crore subject to necessary approvals/permissions required to be obtained in this regard. Further informed that it has been proposed to obtain shareholders apprroval for the above preferential issue through postal ballot.
The above information is a part of company’s filings submitted to BSE.
