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Union Bank of India announces listing of 42 79 lakh equity shares

Union Bank of India announced that the NSE and BSE have granted their approval on 24 May 2021 for listing of 42,79,03,111 equity shares of Rs. 10 each issued at a premium of Rs. 23.82 bearing distinctive numbers from 6406844356 to 6834747466 Issued to the eligible Qualified Institutional Buyers (QIBs) pursuant to the Qualified Institutional Placement (QIP) issue of the Bank. These share are admitted to dealings on the Exchange from 25 May 2021. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficu

Southern Silver Exploration Corp : Southern Silver Announces C$7 0 Million Bought Deal Private Placement and C$2 0 Million Non-Brokered Private Placement

Southern Silver Exploration Corp.: Southern Silver Announces C$7.0 Million Bought Deal Private Placement and C$2.0 Million Non-Brokered Private Placement Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF) (Santiago: SSVCL) ( Southern Silver or the Company ) announces that it has entered into an agreement with Red Cloud Securities Inc. (the Underwriter ) to act as sole underwriter and bookrunner for the purchase for resale of 14,000,000 units of the Company (the Units ) at a price of C$0.50 per Unit (the Unit Price ) on a bought deal basis under a private placement for gross proceeds of C$7,000,000 (the Brokered Offering ). Each Unit shall be comprised of one common share in the capital of the Company (each a

Union Bank of India allots 42 79 cr equity shares under QIP issue

The committee of directors for raising capital funds of Union Bank of India at its meeting held on 21 May 2021 has approved the issue of allotment of 42,79,03,111 equity shares of face value Rs.10 each to eligible Qualified Institutional Buyers at the issue Price of Rs.33.82 per equity share (including a premium of Rs.23.82 per equity share) against the floor price of Rs.35.60 per Equity Share after considering 5% Discount, aggregating to Rs.14,47,16,83,214.02 crore, pursuant to the issue in accordance with the SEBI ICDR Regulations. Pursuant to the allotment of equity shares in the issue, the paid-up equity share capital of the Bank stands increased from Rs.6,406.84 crore, comprising of 640,68,44,355 equity shares to Rs.6,834.74 crore, comprising of 683,47,47,466 equity shares of face valve Rs. 10.00.

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