UCO Bank has released its annual disclosure regarding promoter shareholding for the financial year ending March 31, 2026. The filing confirms that the President of India maintains a majority stake in the bank, holding 11,404,910,524 equity shares, representing 90.95% of the total equity. Furthermore, the bank has officially declared that no encumbrances were created on these shares, either directly or indirectly, throughout the 2025-26 financial year.
Promoter Shareholding Update
In a formal communication dated April 6, 2026, UCO Bank provided details regarding the shareholding status of its promoter. As of March 31, 2026, the President of India remains the primary promoter, holding a substantial interest of 11,404,910,524 equity shares. This total accounts for 90.95% of the Bank’s total equity base, highlighting the government’s continued majority ownership.
Status of Encumbrances
Alongside the shareholding data, UCO Bank has provided a clear statement regarding the status of its promoter’s equity. The bank confirmed that the promoter and persons acting in concert did not place any encumbrances, liens, or pledges on their shareholding throughout the 2025-26 financial year. This declaration ensures that the promoter’s stake remains free of any financial commitments or external legal charges, maintaining transparency regarding the ownership structure of the bank.
Source: BSE