Dena Bank has informed that in the meeting of the Board of Directors of the Bank held on December 03, 2015 the Capital Planning for the FY 2015-16 was considered and it was approved to raise AT1 capital up to an amount of Rs 1,500 cr 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.
