In terms of Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, Bank Of India has informed that the Board of Directors of the Bank of India would be considering by way of a circular resolution on 5th December, 2019, the proposal of raising funds including by way of a further issue of equity shares, bonds, preference shares etc. through various modes which may include issue of equity shares through a Qualified Institutions Placement (QIP) at an appropriate time subject to receipt of applicable regulatory and/or statutory approvals including approval from shareholders of the Bank.
The above information is a part of company’s filings submitted to BSE.
