Stay updated with breaking news from Relevant Date. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
"While this decision reaffirms my longstanding association with the brand and recognises my rightful ownership, this victory is not something I want to celebrate."
Union Bank directors would meet on February 23 to consider and approve the issue price for its proposed qualified institutional placement (QIP), including a discount.
The Union Bank stock rose 6.66 per cent to hit a high of Rs 150.50 on BSE. The multibagger stock is up 22.35 per cent year-to-date and 112.66 per cent in the last one year.
The bank further informed that the opening date of the issue is February 20, today.
Union Bank Of India stock closed at Rs 141.10, showing a slight decrease of 0.07% from the previous day's closing price of Rs 141.20.