Canara Bank has informed that in respect of the QIP, the Sub Committee of the Board - Capital Planning Process of the Board of Directors of the Bank has, at its meeting held today, December 11, 2020, approved the allotment of 19,32,36,714 Equity Shares to eligible qualified institutional buyers at an issue price of ?103.50 per Equity Share, aggregating up to Rs 2000 Crore under the SEBI ICDR Regulations.
The above information is a part of company’s filings submitted to BSE.