Luthra & Luthra Advises Union Bank Of India In INR 30,000 Million Equity Placement

Luthra and Luthra Law Offices India recently advised the Union Bank of India in connection with the filing of the preliminary placement document and placement document for the qualified institutions placement of the Bank, wherein the Bank has raised an amount aggregating up to INR 30,000 Million via fresh issue of 221,157,390 equity shares of the Bank. The equity shares of the Bank issued under the QIP are to be listed on the BSE Limited and the National Stock Exchange of India Limited for trading purposes.