Insider Trading & SAST disclosures for United Bank of India [Amalgamated]
The latest disclosure under SEBI Prohibition of Insider Trading regulations was made by
President of India acting on behalf of Govt. of India in United Bank of India [Amalgamated] where Acquisition of 2,573,889,392
Equity Shares done at an average price of Rs. 11.0
was reported to the exchange on March 29, 2019.
The latest disclosures under SEBI SAST(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 transaction was made by
President of India acting on behalf of Government of India in United Bank of India [Amalgamated] where Acquisition of 1,817,340,067
shares done
was reported to the exchange on Feb. 11, 2019.
Insider trades are disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015 ([Regulation 7 (2) with 6(2)] made by corporate insiders: promoters, officers, directors, employees and large shareholders who are buying and selling stock in their own companies.
| Client Name |
Client Category |
Action* |
Reported To/By Exchange |
Quantity |
Post Transaction Holding |
Traded % |
Avg. Price |
Value |
Period |
Regulation (Insider/SAST) |
Security Type |
Mode |
|
President of India acting on behalf of Govt. of India
|
Promoter |
Acquisition |
29 Mar 2019 |
2,573,889,392 |
7,192,725,543
(96.83%)
|
84.76%
|
11.0 |
28,389,999,994
|
29 Mar 2019
29 Mar 2019 |
Insider Trading |
Equity Shares |
Allotment |
|
President of India acting on behalf of Government of India
|
Promoter |
Acquisition |
11 Feb 2019 |
1,817,340,067 |
4,618,836,151
(95.15%)
|
2.90%
|
|
-
|
11 Feb 2019
11 Feb 2019 |
SAST (29(1)) |
- |
Pref. Allotment |
|
President of India acting on behalf of Government of India
|
Promoter |
Acquisition |
11 Feb 2019 |
1,817,340,067 |
4,618,836,151
(95.15%)
|
2.90%
|
|
-
|
11 Feb 2019
11 Feb 2019 |
SAST (29(2)) |
- |
Pref. Allotment |
|
President of India
|
Promoter |
Acquisition |
04 Apr 2018 |
1,438,176,468 |
2,794,008,447
(93.13%)
|
47.36%
|
18.2 |
26,203,575,246.90
|
31 Mar 2018
31 Mar 2018 |
Insider Trading |
Equity Shares |
Preferential Offer |
|
President of India acting on behalf of Government of India
|
Promoter |
Acquisition |
03 Apr 2018 |
1,438,176,468 |
2,794,008,447
(93.13%)
|
6.32%
|
|
-
|
31 Mar 2018
31 Mar 2018 |
SAST (29(1)) |
- |
Pref. Allotment |
|
Life Insurance Corporation of India
|
Other |
Acquisition |
21 Aug 2014 |
84,507,042 |
101,728,073
(14.19%)
|
11.79%
|
|
-
|
20 Aug 2014
20 Aug 2014 |
SAST (29(1)) |
- |
Pref. Allotment |
*Actions covered:
Acquisition (Buy): Purchase of shares
Disposal (Sell): Sale of shares
Pledge: Shares being used by promoters as collateral for loans. Usually a negative signal.
Revoke: When shares are released from a pledge. Usually a positive signal.
Invoke: When pledged shares are invoked by companies/banks who have provided the collateral, which may result in acquisition of stake in the company. Usually a negative signal.
Client Category: Promoter/ KMP/ Director / Immediate Relatives / Employee / etc
Security Type: Share/ Warrants / Convertible Debentures
Kind of transaction Mode: Public rights/ preferential offer / off market / inter-se transfer/ Market Sale
Data as reported to BSE and NSE
Insider trading data is from Disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015.