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CITY UNION BANK LTD. - Outcome of QIP Management Committee Meeting
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17 Jul 2014
City Union Bank Ltd has informed BSE that in respect of the QIP, the QIP Management Committee of the Bank has, at its meeting held on July 17, 2014, inter alia, passed the following resolutions:&lt;br/&gt;&lt;br/&gt;i. declaring the closure of the QIP on July 17, 2014;&lt;br/&gt;&lt;br/&gt;ii. determining and approving the issue price of Rs. 75.05 per Equity Share, equal to the Floor Price, for the Equity Shares to be allotted to eligible qualified institutional buyers in the QIP; and&lt;br/&gt;&lt;br/&gt;iii. approving and adopting the placement document dated July 17, 2014, in connection with the QIP (the &quot;Placement Document&quot;).
View all announcements for CITY UNION BANK LTD. Source: BSE India