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KARUR VYSYA BANK LTD. - Outcome of QIP Committee Meeting
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22 Aug 2014
Karur Vysya Bank Ltd has informed BSE that in respect of the QIP, the QIP Committee of the Board of Directors of the Bank on August 21, 2014, inter alia, has passed the following resolutions:&lt;br/&gt;&lt;br/&gt;(i) declaring the closure of the QIP on August 21, 2014;&lt;br/&gt;&lt;br/&gt;(ii) determining and approving the issue price of Rs. 466.00 per Equity Share (including a premium of Rs. 456.00 per Equity Share), 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 August 21, 2014, in connection with the QIP (the Placement Document).
View all announcements for KARUR VYSYA BANK LTD. Source: BSE India