State-owned Dena Bank has raised Rs 446 crore by allotting shares to the government on a preferential basis. The Issue Committee of the Board at its meeting held on October 3, 2016 has allotted 12,02,15,633 equity shares of Rs 10 each at an issue price of Rs 37.10 per equity share to President of India (Government of India) on a preferential basis.
With this allotment, the subscribed and paid-up capital of the bank gets raised to Rs 787.15 crore consisting of 78,71,49,884 equity shares of Rs 10 each and shareholding of Government of India in the bank has increased from 62.89 per cent to 68.55 per cent.
Dena Bank is engaged in providing banking services. Its services include treasury, corporate/wholesale banking, retail banking, mobile banking, phone banking, internet banking, international banking, dena automated teller machine (ATM) services and visa bill pay etc.
| Company Name | CMP |
|---|---|
| SBI | 1080.35 |
| PNB | 114.50 |
| Canara Bank | 142.35 |
| Bank Of Baroda | 280.00 |
| Union Bank Of India | 188.90 |
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