President of India holds 90.95% stake in UCO Bank

0 min read     Updated on 16 Jun 2026, 12:36 AM
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The President of India holds 11,404,910,524 shares (90.95%) in UCO Bank as on March 31, 2026. No encumbrances were made during FY26. The disclosure was made under SEBI SAST Regulations.

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The President of India, acting as the promoter of uco bank , held 11,404,910,524 equity shares amounting to a 90.95% stake in the bank as on March 31, 2026. The bank disclosed that the promoter, along with persons acting in concert, did not create any encumbrances on these shares directly or indirectly throughout the financial year 2025-26.

This annual disclosure was submitted to the National Stock Exchange of India Ltd. and BSE Limited in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms the promoter's holding status and the absence of any share pledging or similar activities during the specified period.

The following table details the shareholding structure as of the disclosed date:

Shareholder Number of Shares Percentage Holding
President of India 11,404,910,524 90.95%

Vikash Gupta, Company Secretary of UCO Bank, signed the disclosure on behalf of the bank on April 6, 2026.

Historical Stock Returns for UCO Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.97%+2.96%+9.58%-6.00%-7.25%+83.80%

Does the government plan to reduce its 90.95% stake in UCO Bank through divestment in the upcoming fiscal year?

How will the absence of share encumbrances impact the bank's ability to raise capital independently in the future?

What strategic initiatives will UCO Bank prioritize to improve its non-performing asset (NPA) ratios by the next financial year?

UCO Bank approves FY26 results and capital raising plan

1 min read     Updated on 15 Jun 2026, 05:51 PM
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UCO Bank shareholders approved the audited financial results for FY26 and declared a dividend for 2025-26 at the 23rd AGM held on June 12, 2026. The meeting also sanctioned an equity capital raising plan for FY27 and appointed Shri Hari Har Mishra as a Director. All resolutions were passed with a requisite majority, with the special resolution for capital raising receiving 99.9951% assent.

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UCO Bank shareholders approved the audited financial results for the year ended March 31, 2026, and declared a dividend for the financial year 2025-26 at the 23rd Annual General Meeting (AGM) held on June 12, 2026. The meeting, conducted via Video Conference and Other Audio-Visual Means (VC/OAVM), also sanctioned the bank's equity capital raising plan for the upcoming fiscal year 2026-27 and approved the appointment of Shri Hari Har Mishra as a Director on the Board.

The AGM was chaired by Shri Aravamudan Krishna Kumar, Non-Executive Chairman of the bank, and attended by 64 members, including an authorised representative of the Government of India. Shri Vikash Gupta, Company Secretary, welcomed the shareholders. The Chairman addressed the gathering on the economic and banking scenario, the bank's financial performance, and its future outlook.

Voting Results

All four resolutions proposed in the notice dated May 16, 2026, were passed with the requisite majority. The voting process was managed by KFin Technologies Limited, acting as the remote e-voting agency, with S. N. Ananthasubramanian & Co. serving as the Scrutinizer. The remote e-voting period was open from June 9, 2026, to June 11, 2026.

The resolutions included the adoption of the audited Balance Sheet and Profit and Loss account, the declaration of dividend, the approval of the equity capital raising plan, and the appointment of a new Director. The special resolution regarding the capital raising plan received 99.9951% assent from shareholders.

Resolution Summary

Resolution Description Type Assent Votes Dissent Votes Percentage Assent
Adoption of Financial Statements for FY26 Ordinary 117,253,76,540 2,43,17,506 99.7930%
Declaration of Dividend for FY26 Ordinary 117,424,56,436 72,40,766 99.9384%
Equity Capital Raising Plan for FY27 Special 117,491,19,273 5,77,939 99.9951%
Appointment of Shri Hari Har Mishra as Director Ordinary 117,253,75,707 2,43,20,790 99.7930%

The proceedings concluded at 12:57 p.m. on June 12, 2026. The consolidated results of the remote e-voting and e-voting conducted during the AGM were made available on the websites of the stock exchanges and the bank.

Historical Stock Returns for UCO Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.97%+2.96%+9.58%-6.00%-7.25%+83.80%

What specific instruments will UCO Bank utilize to execute its equity capital raising plan in FY27?

How will the newly appointed Director, Shri Hari Har Mishra, influence the bank's strategic direction?

What is the projected impact of the capital raising plan on existing shareholder earnings per share?

More News on UCO Bank

1 Year Returns:-7.25%