UCO Bank has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

UCOBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.1%1-day move

₹26.51

prior close

₹26.95

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.3+0.2+0.1+3.1+1.1-0.5-3.7-3.7-4.9-3.6-5.6+0.3—

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AI summary

UCO Bank received a favorable appellate order on May 4, 2026, disposing of its GST appeal filed against a demand order passed by the Additional Commissioner, CGST, Mumbai South Commissionerate. The Appellate Authority substantially allowed the appeal, slashing the original GST demand from ₹1,473.48 crore to just ₹4.86 crore, along with applicable interest and penalty under the CGST Act, 2017. The bank is currently evaluating the order and will take appropriate steps as required.

Likely market impact

This is a positive development for UCO Bank as the massive GST demand has been reduced by over 99%, significantly reducing the financial risk and potential liability on the bank's balance sheet. The favorable ruling removes a major cloud over the bank.