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UNITED BANK OF INDIAhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/05/2019 ,inter alia, to consider and approve 1. the audited financial results for the quarter and financial year ended March 31, 2019; and 2. raising equity capital up to Rs. 1500 crores in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue, Rights Issue or such other capital issues(s) under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 as mentioned in the SEBI Circular No. CIR/CFD/CMD/14/2015 dated 30.11.2015 and SEBI/HO/CFD/CMD/CIR/P/43/2018 dated 22.02.2018 subject to the approvals of the shareholders at the ensuing Annual General Meeting of the Bank and other statutory/regulatory approvals.
Source : BSE - www.bseindia.com
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