Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Market Whispers
Tax Planning
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Stake Sale

| More

UCO Bank allots 236170488 Equity Shares to Government of India

Posted On: 2014-02-28 21:24:49

The Competent Authority has approved the allotment of equity shares of UCO Bank to Government of India.

The bank has allotted 23,61,70,488 (Twenty Three crore Sixty one lakh Seventy thousand Four hundred Eighty eight only) equity shares of face value of Rs. 10/- each on February 27, 2014 at a conversion price of Rs. 77.19 including premium of Rs. 67.19 determined in accordance with Regulation 76(1) of SEBI ICDR Regulations 2009, aggregating to Rs. 1823 crore (Rupees One Thousand Eight Hundred and Twenty three Crore only) by conversion of 182300 PNCPS having face value of Rs. 1,00,000/- each aggregating to Rs. 1823 crore held by Govt. of India.

The Bank has also allotted 2,59,10,091 (Two crore Fifty Nine lakh Ten thousand Ninety One only) equity shares of Rs. 10/- each for cash on February 18, 2014 at an issue price of Rs. 77.19/- (Rupees Seventy seven and paise Nineteen only) per equity share including premium of Rs. 67.19 (Rupees Sixty seven and paise Nineteen only) per share determined in accordance with Regulation 76 (1) of SEBI ICDR Regulations 2009 to Government of India against its contribution of Rs. 199,99,99,924.29.

The equity shares so allotted shall rank paripasu with existing equity shares of the Bank including dividend.

Shares of UCO BANK was last trading in BSE at Rs.64.6 as compared to the previous close of Rs. 63.7. The total number of shares traded during the day was 205090 in over 1628 trades.

The stock hit an intraday high of Rs. 65.1 and intraday low of 63.7. The net turnover during the day was Rs. 13226456.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

3I Infotech Ltd allots 6148 shares
ICICI Bank Ltd allots 105110 shares
Cochin Malabar Estates & Industries Ltd calls for Board Meeting on Aug 28, 2017
Equitas Holdings Ltd grants 4 lakh options
IIFL Holdings Limited approves allotment of 464090 shares under ESOP / ESPS
Federal Bank Ltd approves allotment of 218000 shares under ESOS 2010
AXIS Bank allots 57540 shares
Aditya Birla Fashion and Retail Ltd allots 28501 shares
IDFC Bank allots 285740 shares
Lyka Labs Ltd allots 61 lakh shares at Rs. 55
SSK Lifestyles Limited allots 30 lakh shares
RBL Bank Completes Capital Raise of Rs 1,680 Crore
Trans Medicare Ltd Board approves Rights Issue
ICICI Prudential Life Insurance Company Ltd allots 16000 shares
Thomas Cook India Ltd allots 8770 shares
Satin Creditcare Network Ltd grants 145200 options
L&T allots 251297 shares
CSL Finance Limited gets EOI from leading investors
Gruh Finance Ltd allots 170455 shares
Genus Power Infrastructures Ltd allots 45617 shares
IndusInd Bank Ltd allots 39,100 shares
Lime Chemicals Ltd allots 8 lakh shares
Max India Ltd allots 886500 shares
Capial First Ltd allots 55120 shares
Pil Italica Lifestyle Ltd allots 74 lakh shares
Tech Mahindra Ltd allots 17194 shares
Navin Fluorine International Limited allots 29500 shares
VA Tech Wabag Ltd allots 17035 shares
Alicon Castalloy Limited grants 675000 stock options
Andhra Bank allots 191637630 shares
RBL Bank Ltd allots 32621354 shares
Hindalco Industries Ltd allots 35011 shares
Cholamandalam Investment and Finance Company Ltd approves allotment of 4172 shares
Balkrishna Paper Mills Ltd allots 25 lakh CRPS
ARSS Infrastructure Projects Ltd approves allotment of 78,94,736 shares
ICICI Bank approves allotment of 343,111 equity shares under ESOS on August 7, 2017
L&T Technology Services Ltd allots 3 lakh shares
ICICI Bank approves allotment of 386,150 equity shares under ESOS on August 3, 2017
Muthoot Finance allots 30393 shares
IndusInd Bank allots 24,840 shares
Oracle Financial Services Software Ltd calls for ESOP Allotment Committee Meeting on Aug 23, 2017
NIIT Ltd allots 6666 shares
Rane Madras Ltd approves preferential issue of 1096892 shares
Dena Bank allots 20,62,81,999 shares
Bank of India allots 11,23,51,134 shares
Relicab Cable Manufacturing Ltd allots 819000 shares
InterGlobe Aviation Ltd approves allotment 0f 85236 Equity Shares
Wipro grants 50000 RSUs
Indiabulls Housing Finance allots 33540 shares
DCB Bank Limited approves allotment of 96,550 Equity Shares

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2017