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Exchange Disseminated Time | With reference to the following letter/announcement:
1. Dated February 09, 2015 advising about Government of India's decision to infuse capital to the tune of Rs. 1260/- cr. In Bank of Baroda by issue of equity shares in favour of the Government on preferential basis.
2. Dated February 12, 2015 advising the Date of EGM and Relevant date.
3. Dated February 20, 2015 filing the EGM Notice.
Bank of Baroda has now informed BSE as under:
A. The issue price has been determined in compliance of relevant Regulations of SEBI ICDR Regulations duly certified by the Auditors, which is not being less than Rs.195.59 (Rupees One Hundred Ninety Five and Paise Fifty Nine Only) per equity share of Rs. 2/- each (Rupees Two Only). According Number of Shares proposed to be issued to Government of India on preferential basis will be 6,44,20,471. |
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