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Bank Of India informs about allotment of equity shares

08 Mar 2019 Evaluate

Bank Of India has informed that Compensation cum Allotment Committee (CCAC) in their meeting held on 07.03.2019 has considered and approved allotment of 6,25,52,188 Equity shares of Rs 10 each to eligible employees under Bank of India — Employee Share Purchase Scheme (BOIESPS). Accordingly, Bank has raised a fresh capital of Rs 660.80 Crore through B01-ESPS scheme.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 993.50
PNB 118.25
Bank Of Baroda 237.00
Canara Bank 125.80
Union Bank Of India 179.60
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