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| Exchange Disseminated Time 04/02/2017 14:29:24 | Jammu & Kashmir Bank Ltd has informed BSE that the Board of Directors of the Bank, at its meeting held on February 04, 2017, approved the proposal for further issue of equity shares of the Bank upto a maximum of Rs. 250 Crore (including the premium amount) on a preferential allotment basis to the Government of Jammu & Kashmir, the promoter and majority shareholder of the Bank, subject to approvals, if any required and to seek shareholders approval for the same by way of postal ballot.
The Board meeting concluded at 2:15 p.m. |
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