Insertion of new section 26 A

'26 A The Urban Cooperative Bank (s) after registration, in addition to raising share capital from its/their individual members may also issue Preferential Shares of the following types. namely:- (i) Perpetual Non-Cumulative Preferential Shares (PNCPS); (ii) Perpetual Cumulative Preferential Shares (PCPS); (iii) Redeemable Non-Cumulative Preferential Shares (RNCPS); (iv) Redeemable Cumulative Preferential Shares (RCPS): Provided that the Urban Cooperative Banks shall not be entitled to subscribe the Preferential Shares of other Urban Cooperative Bank (s).'