Dena Bank has proposed to sell its non-core assets by selling Equity Shares of various entities.
In NSDL E-Governance Infrastructure, the bank will sell 6,25,000 equity shares of face value Rs 10 each, which is 1.563% of the total paid up equity share capital of the company and in National Securities Depository (NSDL), it will sell 2,25,000 equity shares (Lot-1) of face value Rs 10 each, which is 0.563% of the total paid up equity share capital of the company.
Further, in NSDL, the bank will sell 4,00,000 equity shares (Lot-2) of face value Rs 10 each which is 1.0% of the total paid up equity share capital of the company, while in SIDBI, it will sell 48,00,000 equity shares of face value Rs 10 each which is 0.90% of the total paid up equity share capital of the company.
In this regard, the Bank is floating a ‘Request for Quotation’ (RFQ) for purchase of the aforesaid equity shares.
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.
