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State Bank of India allots equity shares

31 Mar 2012 Evaluate

State Bank of India has informed that the executive committee of the central board of the bank, in its meeting held on March 30, 2012, has approved the issuance and allotment of 3, 60, 45,243 equity shares at an issue price of Rs. 2,191.69 per share face value Rs. 10 each, at a premium of Rs. 2,181.69 per share, to government of India by way of preferential allotment.

The above information is part of company’s filing submitted to the BSE.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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