<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>UCO Bank to issue 270 crore equity shares in FY&#039;26 to cut govt stake to 75pc</title>
    <link>https://www.taxtmi.com/news?id=42240</link>
    <description>UCO Bank will issue up to 270 crore fresh equity shares in FY 2025-26 to reduce the government&#039;s stake to 75 percent to meet SEBI minimum public shareholding norms; the move follows a recent Qualified Institutional Placement that lowered government ownership to 90.95 percent and strengthened capital adequacy, and is intended to broaden the investor base while supporting asset quality and profitability.</description>
    <language>en-us</language>
    <pubDate>Mon, 28 Apr 2025 18:46:03 +0530</pubDate>
    <lastBuildDate>Mon, 28 Apr 2025 18:46:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=817950" rel="self" type="application/rss+xml"/>
    <item>
      <title>UCO Bank to issue 270 crore equity shares in FY&#039;26 to cut govt stake to 75pc</title>
      <link>https://www.taxtmi.com/news?id=42240</link>
      <description>UCO Bank will issue up to 270 crore fresh equity shares in FY 2025-26 to reduce the government&#039;s stake to 75 percent to meet SEBI minimum public shareholding norms; the move follows a recent Qualified Institutional Placement that lowered government ownership to 90.95 percent and strengthened capital adequacy, and is intended to broaden the investor base while supporting asset quality and profitability.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Mon, 28 Apr 2025 18:46:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=42240</guid>
    </item>
  </channel>
</rss>