Saraf And Partners Acts On Union Bank Of India QIP

In one of the largest equity capital issuances by a public sector bank, Union Bank of India has successfully raised Rs. 50,000 million by issuing 577,700,751 equity shares to qualified institutional buyers at a price of Rs. 86.55 per share on August 25, 2023.Saraf and Partners advised IIFL Securities Limited, BNP Paribas, ICICI Securities Limited,...