Dena Bank has informed that a meeting of the Board of Directors of the Bank will be held on December 03, 2015, to raise AT1 capital up to an amount of Rs 1,500 crore in one or more tranche, in one or more instruments; to raise Tier 2 capital up to an amount of Rs 1,000 cr in one or more tranche, in one or more instruments; and to raise Equity Capital of the Bank by diluting GOI holding up to 52%, on obtaining necessary approval from GOI.
The above information is a part of company’s filings submitted to BSE.
