UCO Bank to Elect Shareholder Director; EGM Scheduled for March 16, 2026
Kolkata, February 7, 2026: UCO Bank has initiated the process to elect one shareholder director to its Board following the resignation of a previous shareholder director on December 25, 2025. The election is being conducted for shareholders other than the Central Government, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations.
The bank has scheduled an Extraordinary General Meeting (EGM) of shareholders on Monday, March 16, 2026, which will be held via Video Conference or other Audio-Visual Means (VC/OAVM).
Key dates for the election process include:
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Cut-off date for determining eligible shareholders: Monday, February 16, 2026
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Last date for submission of nominations: Friday, February 27, 2026
The formal notice for the EGM will be issued in due course. Shareholders eligible as of the cut-off date will be able to nominate, contest, and vote in the election.
The move follows the provisions of Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, which allows for shareholder representation on the board of the bank.
UCO Bank stated that the election process aims to ensure transparent participation from eligible shareholders in board-level governance and decision-making.