STATE BANK OF INDIA - Allotment of Shares

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20 Jan 2017
With reference to the earlier letter dated October 29, 2016 and letter dated November 24, 2016, State Bank of India has now informed BSE that the Committee of Directors for Capital Raising considered and accorded approval on January 20, 2017 by circulation to allot 21,07,27,400 (Twenty one crore seven lac twenty seven thousand four hundred only) equity shares, ranking pari-passu with the existing equity shares of the Bank in all respects, including payment of dividend, if any, on preferential basis to Government of India, at an issue price of Rs.269.59 (Rupees two hundred sixty nine and paise fifty nine only) per share of face value of Rupee.1/- each, including a premium of Rs.268.59 (Rupees two hundred sixty eight and paise fifty nine only) per share for a consideration of Rs. 5680,99,99,766.00 (Rupees Five thousand six hundred eighty crore ninety nine lac ninety nine thousand seven hundred sixty six only).
View all announcements for STATE BANK OF INDIA	Source: BSE India

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