Corporate Announcement
Security Code : 532483    Company : CANBK    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  06/02/2018 16:29:28         Exchange Disseminated Time   06/02/2018 16:29:33              Time Taken   00:00:05
It is hereby informed that the Board of the Bank in its meeting held on 06/02/2018 has decided to raise Capital by issue of equity shares in favour of Government of India, on Preferential Allotment up to such number (face value of each equity share is Rs 10/-) at a premium to be determined as per the SEBI (ICDR) Regulations, 2009 aggregating to a total issue price of Rs. 4,865 Crores and further to convene an Extraordinary General Meeting of the Bank to obtain the approval of the shareholders for issue of equity shares on Preferential Allotment to the GOI.
 

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