UCOBANKNSEUCO Bank· BanksMediumNeutral
Announced Fri, 10 Apr · 21:48 IST

UCO Bank has informed the Exchange regarding Cessation of Mr. Anjan Talukdar as Part Time Non-Official Director of the Bank w.e.f. April 11, 2026.

Multiple Ind Directors ResignedManagement Changes View source PDF

UCOBANK · price

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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹26.25
prior close
₹25.78
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AI summary

UCO Bank has announced the cessation of two Part Time Non-Official Directors — Shri Ravi Kumar Agrawal and Shri Anjan Talukdar — effective close of business on 10th April 2026. Both directors were appointed on 11th April 2025 for a one-year tenure under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. Their departure is due to the natural completion of their term, not resignation or any governance concern. The bank has filed this disclosure under SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015.

Likely market impact

The simultaneous end of two board directors represents a routine governance transition for a public sector bank, with no immediate operational or financial implications for the bank or its shareholders.