BANK OF INDIA - Allotment of Equity Shares on Preferential Basis to Government of India and Life Insurance Corporation of India

Bank of India has informed BSE that the Bank has allotted the following shares through preferential issue:<BR><BR>(a) 10,14,82,527 equity shares of Rs. 10/- each to Government of India at a price of Rs. 113.32 per Share<BR><BR>(b) 1,60,00,000 equity shares of Rs. 10/- each to Life Insurance Corporation of India at a price of Rs. 96.03 per Share.