Central Government replaces UCO Bank board director

Management Changes View source PDF Explain this filing

UCOBANK · price

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Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹21.69

prior close

₹21.68

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.1%-0.3% vs market

Public Sector Bank peers, median of 11sector+0.5%+0.4% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Smallcap 250 and 0.4 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-1.3

15m

-0.5

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+1.1-0.3+0.5+0.4

Next day

+4.4pendingpending+1.0+3.4

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Central Government nominated Mohamed Ashraf J S as a director on UCO Bank's board from 23 October 2026, replacing Hari Har Mishra, until further orders. Ashraf is a Deputy Secretary in the Finance Ministry's Department of Financial Services and is not related to any existing director. He is not debarred by SEBI or another authority.

Likely market impact

This is a routine change in board composition. The filing discloses no financial impact, and the replacement takes effect immediately.