Syndicate Bank has informed BSE that upon receipt of funds from Government of India, the Bank has, on March 31, 2015 allotted 3,74,74,541 (Three Crore seventy four Lakh seventy four thousand five hundred and forty one only) equity shares of face value of Rs. 10/- each for cash at a premium of Rs. 112.75 (Rupees One hundred and twelve and paise seventy five only) determined in accordance with Regulation 76 (1) of SEBI (ICDR) Regulations aggregating to Rs. 459,99,99,907.75 on preferential basis to Government of India.
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