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BANK OF MAHARASHTRA - Announcement under Regulation 30 (LODR)-Allotment
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06 Jun 2023
In continuation of our earlier letter dated June 1st, 2023 on the captioned subject, we wish to inform you that in respect of the QIP, the Issue Committee of the Board of Directors of the Bank (the &apos;Committee&apos;) has, at its meeting held today i.e. June 6th, 2023, approved the allotment of 350,877,192 Equity Shares to eligible qualified institutional buyers at the issue price of ?28.50 per Equity Share (including premium of Rs. 18.50 per share), aggregating to ?10,000 million (Rupees Ten Thousand Million only) under the SEBI ICDR Regulations.
View all announcements for BANK OF MAHARASHTRA Source: BSE India