State Bank of Travancore has informed that the Committee of Directors at its meeting held on April 13, 2015 has approved the allotment of 1,18,50,694 equity shares with face of Rs 10 each ( Rights Equity Shares) for cash at a price of Rs 400 including a premium of Rs 390 per equity share aggregating to Rs 474.03 crores to the eligible applicants of the Rights Issue as per the Basis of allotment approved by the Designated Stock Exchange.
The above information is a part of company’s filings submitted to BSE.
