UCO Bank to infuse fresh capital in FY'25, Q4FY'24 standalone net down 9.5% to Rs 525 crore, declares dividend of Rs 0.28 per share
Subject to shareholder approval, the lender will explore various methods like QIP (Qualified Institutional Placement), FPO (Follow-on Public Offer), etc, for issuing 400 crore equity shares of Rs 10 each, the bank informed bourses.
The lender further declared a dividend of Rs 0.28 per share for FY24. (File image)