RBL Bank has informed that a meeting of the Board of Directors of the Bank is proposed to be held on Saturday, November 30, 2019, to consider and if thought fit to approve raising of funds by way of issue of equity shares of the Bank on a Preferential basis in accordance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and such other acts, rules and regulations as may be applicable, subject to the approval of the Members of the Bank.
The above information is a part of company’s filings submitted to BSE.
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