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United Bank of India Announces Allotment Of equity shares

Wednesday, 13 Mar 2013 08:07am EDT 

United Bank of India announced that the Bank has completed the Allotment of 13,708,019 Equity Shares of INR10 each at a price of INR72.95 per share on preferential basis under Chapter VII of the SEBI (Issue of Capital & Disclosure Requirements) Regulations 2009 to PRESIDENT OF INDIA on behalf of Government of India, on March 13, 2013. The said shares shall be locked-in up to March 12, 2016 as per the provision of the aforesaid Regulation. 

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