SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Dena Bank informs about issuance of equity shares to GOI on preferential basis

22 Aug 2015 Evaluate

Dena Bank has informed that Government of India, Ministry of Finance vide letter dated August 19, 2015 has conveyed its decision to infuse capital funds to the tune of Rs 407 crore in the Bank by way of preferential allotment of equity in favour of the Government of India. Board vide circular resolution dated August 20, 2015 has given approval for raising of Equity Share Capital of the Bank up to Rs 407 cr by issuance of Equity Shares to GOI on Preferential basis at price fixed as per SEBI (ICDR) Regulations, 2009. Further, Bank is taking necessary steps / approvals in this regard.

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

Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×