UCO Bank board to consider preferential issue to Government of India on April 7, 2021

A meeting of the Board of Directors of UCO Bank is scheduled on 07/04/2021, to consider and approve Proposal for preferential allotment of equity shares to Government of India against capital contribution of Rs.2600 crore through circular resolution.

Shares of UCO BANK was last trading in BSE at Rs.11.42 as compared to the previous close of Rs. 10.99. The total number of shares traded during the day was 1098436 in over 4461 trades.

The stock hit an intraday high of Rs. 11.5 and intraday low of 11.16. The net turnover during the day was Rs. 12450234.

Source : Equity Bulls

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