UCO Bank — Important, 26-11-2024: Updates

UCO Bank has initiated the process to elect one director from among shareholders following the resignation of the previous director. An Extraordinary General Meeting (EGM) is set for January 4, 2025, to facilitate this election via video conference. The cut-off date for determining eligibility for participation in the election is December 6, 2024. Shareholders interested in nominating candidates must submit their nominations by December 20, 2024. The bank will issue a formal notice for the EGM shortly. This move outlines UCO Bank's commitment to maintaining governance and engaging its shareholders actively. Investors should monitor the upcoming elections for potential shifts in governance dynamics.