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UCO Bank Announces Preferential Issue Of Equity Shares To Government Of India

Wednesday, 23 Jan 2013 07:55am EST 

UCO Bank announced that the Board of Directors of the Bank approved the proposal for issue of equity shares of face value of INR10 each for an amount aggregating to the tune of INR6.81 billion (INR681 crore) at such issue price as may be determined in accordance with SEBI (ICDR) Regulations 2009, on preferential basis in favour of Government of India, subject to necessary approvals. 

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