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STATE BANK OF INDIA - Preferential Issue to GOI : Allotment of Shares
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01 Apr 2015
State Bank of India has informed BSE that the Committee of Directors for Capital Raising In its meeting held on April 01, 2015 considered and accorded approval to allot 10,04,77,012 equity shares, ranking pari-passu with the existing equity shares of the Bank in all respects, including payment of dividend, on preferential basis to Government of India, at an issue price of Rs. 295.59 (Rupees Two hundred ninety five and paise fifty nine only) per share of face value of Rupee 1/-, including a premium of Rs. 294.59 (Rupees Two hundred ninety four and paise fifty nine only) per share for a consideration of Rs. 2969,99,99,977.08 ( Rupees Two thousand nine hundred sixty nine crores ninety nine lacs ninety nine thousand nine hundred seventy seven and paise eight only).
View all announcements for STATE BANK OF INDIA Source: BSE India