BANK OF INDIA - Updates on Raising of Equity Capital of the Bank by Issuance of Equity Shares by way of Preferential Allotment to Government of India

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17 Dec 2013
With to the earlier announcement dated October 31, 2013 intimating the Boards decision to initiate process to raise further capital and also the earlier announcement regarding the proceedings of the Extraordinary General Meetings, held on December 03, 2013. In the Extraordinary General Meeting members had accorded their approval for issue of 4,63,60,686 Equity Shares to Government of India on Preferential basis at a price of Rs. 215.70 per share (including premium of Rs. 205.70 per share), Bank of India has now informed BSE that upon receipt of funds from Government of India, the Bank has on December 11, 2013 allotted the said equity shares to Government of India in the name of President of India in terms of SEBI (Issue of Capital and Disclosure Requirements) Regulations- 2009.
View all announcements for BANK OF INDIA	Source: BSE India

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