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Canara Bank informs about allotment of equity shares

04 Dec 2019 Evaluate

Canara Bank has informed that in continuation to letter no MD&CEO:SD:803/804/11/12: :2019 dated November 25, 2019 regarding submission of Voting Results on Postal Ballot/ E-voting under SEBI (LODR) Regulations, 2015 and passing of special resolution by shareholders through Postal Ballot on November 23, 2019, the Bank has, on 04.12.2019, allotted 27,69,88,576 equity shares of face value of Rs 10 each at an Issue Price of Rs 237.23 (including premium of Rs 227.23) per share to Government of India, Promoter of the Bank, on preferential basis, in accordance with the applicable provisions.

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

Peers
Company Name CMP
State Bank Of India 957.00
PNB 120.35
Bank Of Baroda 231.00
Canara Bank 116.40
Union Bank Of India 178.50
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