United Bank of India allots 164.13 crore equity shares to Govt. of India

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Capital Market
Last Updated : Nov 20 2019 | 9:31 AM IST

On 18 November 2019

United Bank of India has allotted 1,64,13,79,310 equity shares of Rs. 10/- each at a price of Rs. 10.15 per equity share including premium of Re. 0.15 per equity shareon 18 November 2019, to the President of India acting on behalf of the Central Government aggregating Rs. 1665.99 crore in terms of the Special Resolution passed by the Shareholders of the-Bank at the Extraordinary General Meeting held on 07 November 2019.

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First Published: Nov 20 2019 | 9:13 AM IST

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