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United Bank of India opens QIP issue

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Capital Market
Last Updated : Mar 22 2017 | 12:04 AM IST

On 21 March 2017; Floor price is Rs 24.44 per equity share

United Bank of India announced that the Board Level Issue Approval Committee has at its meeting held on 21 March 2017 passed the following resolutions in connection to the QIP issue -

Approving and adopting preliminary placement document dated 21 March 2017 in connection with the QIP.

Authorising the opening of QIP on 21 March 2017.

Relevant date for this purpose is 21 March 2017 and floor price for the QIP is Rs 24.44 per share, with discount of up to 5% on the floor price in the QIP.

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First Published: Mar 21 2017 | 8:34 PM IST

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