UCO Bank MD and CEO Ashwani Kumar ceases on completion of tenure

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UCOBANK · price

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

-1.7%Reaction day

₹25.29

prior close

₹25.10

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.8%-0.9% vs market

Public Sector Bank peers, median of 11sector-2.0%+0.2% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Smallcap 250 and 0.2 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

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Sessions after the filingfrom the prior close

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Reaction day

-1.7-0.8-0.9-2.0+0.2

Next day

-1.6-0.3-1.4-1.8+0.2

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-0.8+0.4-1.1-0.6-0.2

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15d

+8.8+5.0+3.8+4.9+3.9

+6.3+4.8+1.5+1.9+4.4

+4.0+6.9-3.0-0.1+4.1

-2.7+8.1-10.8+1.3-4.0

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

Mr. Ashwani Kumar has ceased to be the Managing Director and CEO of UCO Bank with effect from June 1, 2026, upon completion of his three-year tenure. He was appointed via a Government of India notification dated May 31, 2023. The bank has informed the stock exchanges about the change in board composition. No successor has been named in this filing.

Likely market impact

A routine leadership transition with no financial impact. Investors will watch for the new MD and CEO appointment.