Allahabad Bank has informed that a meeting on the Board of Directors of the Bank will be held on August 28, 2015, to consider raising of equity capital of Bank through issue of equity shares on preferential basis to Government of India (President of India) against the proposed capital infusion plans of Government of subject to necessary permission / approval from Government of India/Reserve Bank of India.
The above information is a part of company’s filings submitted to BSE.