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RBL Bank informs about outcome of board meeting

30 Nov 2019 Evaluate

RBL Bank has informed that a meeting of the Board of Directors of the Bank was held today, November 30, 2019, pursuant to which the board has considered and approved raising of funds by issuing of equity shares of the Bank on a private placement 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 approval of the Shareholders of the Bank; and Pursuant to Regulation 17(1) and 30 of the SEBI Listing Regulations, the Board of Directors of the Bank based on the recommendation of the Nomination Committee have appointed Ranjana Agarwal (DIN: 03340032) as an Additional and Independent Director of the Bank with effective from November 30, 2019 for a term of 5 years subject to the approval of the shareholders of the Bank.

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





RBL Bank Share Price

315.75 -0.25 (-0.08%)
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