City Union Bank fixes rights offer price at Rs 20 per share
   
Quotes

City Union Bank fixes rights offer price at Rs 20 per share

Last Updated: Saturday, November 3, 2012, 17:59
 
 Comment 0
 
City Union Bank fixes rights offer price at Rs 20 per share
Mumbai: City Union Bank on Saturday said its Board of directors has fixed the issue price for its proposed rights issue at Rs 20 per share.

"...The Board of Directors of the company at its meeting held on November 3, 2012, has fixed Rs 20 per equity share (Re 1 per share towards face value and Rs 19 towards premium) as the issue price for the proposed rights issue of equity shares," the bank said in a BSE filing.

It will issue a total of 10.24 crore equity shares under the rights issue, while 2.65 crore shares will be reserved for employees.

Shares of the bank had closed at Rs 59.70 apiece on the BSE yesterday, up 1.62 per cent from previous close.

PTI



First Published: Saturday, November 3, 2012, 17:59


Comments


comments powered by Disqus
New Vento 2015
New Vento 2015
Audi all-new SUV Q3
Audi all-new SUV Q3
Indian Billionaire Daughters
Indian Billionaire Daughters
TOP 5  happy cities of India
TOP 5 happy cities of India
Forbes Top 10 Billionaires 2015
Forbes Top 10 Billionaires 2015

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved