Andhra Bank has informed that a meeting of Board of Directors of the Bank is scheduled to be held on Thursday, February 08, 2018, to consider the proposal for raising of equity capital of the Bank by way of preferential allotment of shares to Government of India (GOI), subject to necessary approvals/ permissions in regard to communication received from GOI vide their letter no. F.No.7/38/2014-BOA dated January 24, 2018 for capital infusion in Bank.
The above information is a part of company’s filings submitted to BSE.