Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Syndicate Bank has informed that the Board of Directors of the Bank in its meeting scheduled to be held on October 31 2018, to consider to issue Equity Shares by way of preferential allotment in favour of Government of India and to increase the limit to raise Capital under Employee Stock Purchase Scheme (ESPS) of SEBI [Share Based Employee Benefits (SBEB)] Regulations, 2014.
The above information is a part of company’s filings submitted to BSE.
