Indian Overseas Bank has informed that a meeting of Committee of the Board of Directors of the Bank is scheduled to be held on May 20, 2016, to consider and determine the Price for Equity Shares of the Bank to be issued through Qualified Institutions Placement, which was opened on May 17, 2016, in accordance with Chapter VIII and other applicable provisions of the SEBI ICDR Regulations.
The above information is a part of company’s filings submitted to BSE.