Investment12 May 2026, 09:21 pm
Union Bank Invests ₹22.64 Cr More in ASREC (I) Ltd, Stake Rises to 27.30%
AI Summary
Union Bank of India has invested an additional ₹22.64 Crores in ASREC (I) Ltd., a joint venture company. This investment has increased the bank's shareholding in ASREC (I) Ltd. from 26.02% to 27.30%. The disclosure is in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
Key Highlights
- Union Bank invests ₹22.64 Cr in ASREC (I) Ltd.
- Shareholding in ASREC (I) Ltd. increases to 27.30%.
- Previous shareholding was 26.02%.
- Investment made in joint venture company.
- Disclosure complies with SEBI (LODR) regulations.