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| Exchange Received Time 29/05/2017 17:29:27 Exchange Disseminated Time 29/05/2017 17:29:30 Time Taken 00:00:03 | | In furtherance to our letter No. JKB/BS/F3819/2017/48 dated 25th May, 2017, please be informed that we are awaiting approval from the Reserve Bank of India (RBI). In view of the same, the Board has constituted a Committee of Directors to consider, upon receipt of approval from RBI, the proposal for allotment of 3,55,25,321 equity shares of Re. 1/- each fully paid to the Government of Jammu & Kashmir under preferential allotment. The date of the Committee Meeting to consider the proposal shall be intimated to you separately. |
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