UCOBANKBSEUCO BankLowNeutral
Announced Mon, 18 May · 19:37 IST

23rd Annual General Meeting is scheduled to be held on 12th June 2026 through VC/OAVM

Board & Shareholder Meetings View source PDF

UCOBANK · price

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AI summary

UCO Bank has scheduled its 23rd Annual General Meeting for Friday, 12th June 2026 at 11:00 AM via Video Conferencing. The meeting will consider four key items: adoption of audited financial statements for FY 2025-26 (Balance Sheet as of 31st March 2026), declaration of dividend on equity shares, approval of an equity capital raising plan for FY 2026-27 (with authorized capital up to Rs 2,700 crore at Rs 10 face value per share), and appointment of Shri Hari Har Mishra as Director effective 13th May 2026. Remote e-voting will be available from 9th to 11th June 2026, with a cut-off date of 5th June 2026 for shareholder eligibility.

Likely market impact

The dividend declaration signals positive financial performance for FY 2025-26. The capital raising plan may dilute existing shareholding but suggests the bank is strengthening its capital base. The new director appointment indicates board changes. Shareholders should participate through e-voting before the deadline.