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State Bank of Travancore informs about outcome of Board Meeting

20 May 2014 Evaluate

State Bank of Travancore has informed that the Board of Directors of the Bank at its meeting held on May 20, 2014, has accorded to allot 92,53,473 Equity Shares, ranking pari-passu with the existing equity shares of the Bank in all respect, including dividend, at an Issue Price of Rs. 416.06 per share (face value Rs. 10/- each at a premium of Rs. 406.06.per share), to State Bank of India on preferential basis.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 989.80
PNB 117.20
Bank Of Baroda 234.80
Canara Bank 123.50
Union Bank Of India 177.00
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