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| Exchange Received Time 27/06/2018 17:40:01 Exchange Disseminated Time 27/06/2018 17:40:09 Time Taken 00:00:08 | This is to inform the Stock Exchanges that the Board of the Bank in its meeting held on 27/06/2018 has decided as under:-
Out of total capital raising plan of Rs 7000 Crores for the year 2018-19, the Board has decided to raise Equity share capital upto Rs. 60 crore (i.e. upto 6 crore equity shares with face value of Rs.10/- each), through Canara Bank Employee Share Purchase Scheme (Can Bank-ESPS) amounting to a maximum of Rs.1000 crore (including premium) in one or more tranches subject to mandatory/regulatory approvals from the GoI/SEBI/Other regulatory agencies.
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