Union Bank of India Share Price Union Bank (I)

44.20

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

44.40

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

Corporate Action

Period From
Period To
Purpose AGM Date Announcement Date Book Closure Start Date Book Closure End Date
EGM 26-Mar-2019 26-Feb-2019 - -
EGM 26/03/2019 In continuation to our letter no. ISD/18-19/367 dated 21st February, 2019 regarding intimation of meeting of Board of Directors of the Bank, we wish to inform that the Board of Directors at its meeting held on 26th February, 2019 has resolved and approved the following: Issue of 52,15,62,658 new equity shares on preferential basis to the Government of India (President of India), for an amount aggregating upto Rs.4,112 crore (including premium). Issue Price of Rs.78.84 (including a premium of Rs.68.84) per share of the face value of Rs.10.00 per share for the proposed preferential issue calculated in compliance with the SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018. Holding of the Extraordinary General Meeting (EGM) of shareholders of the Bank on Tuesday, 26th March, 2019, for seeking approval of Shareholders for the proposed preferential issue. Notice of the said EGM will be submitted to Stock Exchanges separately. We refer to our letter ISD/18-19/372 dated 26th February, 2019 informing about decision of Board of Directors of the Bank to hold Extraordinary General Meeting (EGM) of shareholders of the Bank on Tuesday, 26th March, 2019 at Mumbai for seeking approval of Shareholders for Issue of 52,15,62,658 new equity shares on preferential basis to the Government of India (President of India), for an amount aggregating upto Rs.4,112 crore (including premium). Pursuant to Regulation 29 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby enclose Notice of EGM scheduled to be held on Tuesday, 26th March, 2019 at 11.00 a.m. at Rama & Sundri Watumull Auditorium, Vidyasagar, Principal K. M. Kundnani Chowk, 124, Dinshaw Wachha Road, Churchgate, Mumbai - 400020. (As Per BSE Announcement Dated on 26.02.2019) Union Bank of India has informed BSE regarding the details of Voting results of EGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here (As Per BSE Announcement Dated On 26/03/2019) In continuation to our letter no. ISD/18-19/423 dated March 26, 2019 regarding proceedings & voting results of Extraordinary General Meeting of the Bank held on March 26, 2019, we wish to inform you that the Committee of Directors for Raising of Capital Funds (CDRCF) of the Bank at its meeting held on Thursday, March 28, 2019, inter alia, considered and approved the allotment of 52,15,62,658 equity shares of face value of Rs.10 each of the Bank at an issue price of Rs. 78.84 (including a premium of Rs. 68.84) per equity share aggregating to Rs. 41,11,99,99,956.72 (Rupees Four Thousand One Hundred Eleven Crores Ninety Nine Lakh Ninety Nine thousand Nine Hundred Fifty Six and Paisa Seventy Two Only) to Government of India in accordance with the applicable provisions. This is for your information and appropriate dissemination. (As Per BSE Announcement Dated 28.03.2019)