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UCO Bank ( (IN:UCOBANK) ) has shared an update.
UCO Bank has called an Extraordinary General Meeting for 16 March 2026, to be conducted via video conferencing and other audio-visual means, with remote e-voting available between 12 and 15 March. The meeting will address the election of one shareholder director under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and seek approval to extend Executive Director Rajendra Kumar Saboo’s tenure by three years, steps that will shape the bank’s board composition and senior leadership continuity.
Key procedural dates include a 16 February 2026 cut-off for participation in the shareholder director agenda, 9 March 2026 as the cut-off for attendance and voting on the tenure extension, and 27 February 2026 as the deadline for submitting nominations. By formalising these governance actions through an EGM and aligning with SEBI disclosure norms, UCO Bank underscores its compliance posture and offers investors clarity on upcoming changes in its board structure and executive management stability.
More about UCO Bank
UCO Bank is a state-owned Indian commercial bank headquartered in Kolkata, operating in the banking and financial services industry. It provides a range of retail and corporate banking products, including deposits, loans and other financial services, and its shares are listed on major Indian stock exchanges, making it subject to SEBI’s listing and disclosure requirements.
Average Trading Volume: 673,392
Technical Sentiment Signal: Sell
Current Market Cap: 362.9B INR
See more insights into UCOBANK stock on TipRanks’ Stock Analysis page.