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| Exchange Disseminated Time | City Union Bank Ltd has informed BSE that the Board of Directors of the Bank, at its meeting to be held on June 22, 2015, will inter-alia consider an agenda item to seek shareholders approval for passing an enabling resolution to raise capital through QIP route during the forthcoming Annual General Meeting subject to applicable laws, Rules and Regulations including the guidelines issued by SEBI and RBI.
The Bank as a practice since the year 2009 continues to seek the shareholders approval for raising capital through QIP. The Bank has raised capital through QIP issue recently during July 2014. |
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