UCO Bank has informed that the Board of Directors of the Bank approved proposal for the issue of equity shares on preferential basis to Government of India against its capital Infusion of Rs 2142 crore. Extraordinary General Meeting of the shareholders of the Bank will be held on 14.02.2020 for seeking approval of the shareholders for the above proposal. The above information is furnished pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.