UCO Bank calls for Board Meeting On May 12Th, 2017 to consider raising of Equity Capital

The Board of directors of UCO Bank at its meeting scheduled to be held on 12th May, 2017 will, consider the proposal for issue of 75,00,00,000 (Seventy Five Crores) equity shares during the financial year 2017-18 in one or more tranches through FPO / QIP / preferential issue / ESOPs etc., at such an issue price to be determined in accordance with the extant guidelines. The above information is given pursuant to Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015.

Shares of UCO BANK was last trading in BSE at Rs.42.65 as compared to the previous close of Rs. 42.35. The total number of shares traded during the day was 449309 in over 1676 trades.

The stock hit an intraday high of Rs. 43.85 and intraday low of 41.6. The net turnover during the day was Rs. 19254689.

Source : Equity Bulls

Keywords