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| Exchange Received Time 07/06/2017 12:11:47 Exchange Disseminated Time 07/06/2017 12:11:53 Time Taken 00:00:06 | | In furtherance to our letter no. JKB/BS/F3819/2017/55 dated June 02, 2017, please be informed that the Share Allotment Committee met at 11:00 a.m today and approved the Preferential Allotment of 3,55,25,321 equity shares of Re. 1/- each fully paid up of the Bank for cash to the Government of Jammu and Kashmir (Chief Secretary and Secretary Finance) at the issue price of Rs. 79.38 (Rupees Seventy Nine and Thirty Eight Paisa only) per Equity Share (including premium of Rs. 78.38 per Equity Share) aggregating to Rs. 281,99,99,981 (Rupees Two Hundred and Eighty One Crore Ninety Nine Lakh Ninety Nine Thousand Nine Hundred and Eighty One only). |
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