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Bank of Baroda board approves issue of equity shares on preferential basis

04 Feb 2013 Evaluate
Bank of Baroda has informed that the board of directors of the bank at its meeting held on February 02, 2013, considered and approved issue of equity shares of face value of Rs. 10 each, for cash at a premium to be determined in accordance with SEBI (ICDR) Regulations aggregating upto Rs. 860 crores, on preferential basis to Government of lndia (GOI). Extra-ordinary general meeting of the bank is also fixed to be held at Vadodara on March 11, 2013, for the purpose.

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

Peers
Company Name CMP
State Bank Of India 959.00
PNB 112.00
Bank Of Baroda 232.35
Canara Bank 118.60
Union Bank Of India 168.10
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