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Vijaya Bank informs about outcome of board meeting

04 Mar 2016 Evaluate

Vijaya Bank has informed that the Board of Directors of the Bank at its meeting held on March 03, 2016 has approved the proposal for Preferential Issue of Equity Shares to Life Insurance Corporation of India aggregating up to Rs226 crore (inclusive of premium amount) subject to Government of India’s approval and to convene an Extra Ordinary General Meeting of the Shareholders to pass the necessary Special Resolution in this regard.

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

Peers
Company Name CMP
SBI 1107.60
PNB 113.75
Canara Bank 142.70
Bank Of Baroda 280.85
Union Bank Of India 189.05
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