Corporate Announcement
Security Code : 532525    Company : MAHABANK    
 
Outcome Of Board Meeting Of Bank Held On 29.11.2018.Download PDF Download XBRL
  Exchange Received Time  29/11/2018 14:10:37         Exchange Disseminated Time   29/11/2018 14:10:47              Time Taken   00:00:10
This is to inform you that the Board of Directors of the Bank in its meeting held on Thursday, 29th November, 2018 has inter-alia approved the proposal for issue and allotment of upto 10 Crore (Ten Crore) fresh equity shares of the Bank in one or more tranches to the Employees of the Bank under "Bank's - Employee Share Purchase Scheme (ESPS)' subject to necessary Statutory/ Regulatory approvals. The Stakeholder Relationship Committee of Bank will decide all the matters and formulation of the ESPS.

We request you to consider the above information pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
 

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