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| Exchange Disseminated Time 25/08/2015 19:15:03 | Indian Overseas Bank has informed BSE that a meeting of Committee of Directors was held on August 25, 2015 for fixation of the issue price. The Committee of Directors approved that the issue price for allotment of equity shares under preferential
issue to Government of Indio is fixed at Rs.41.37 per equity Shares (including premium of Rs.31.37) in compliance of Regulation 76(1) of SEBI (ICDR) Regulations and number of shares to be allotted to Government of India is 48,56,17,597 only aggregating to Rs. 2008,99,99,987.89 including share premium. |
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