Mumbai, Nov 28: Dena Bank board has deferred adoption of the draft prospectus for a second public offering, pending receipt of certain statutory approvals. The bank board, which met yesterday, has deferred the adoption of the draft prospectus for filing with Securities and Exchange Board of India as certain statutory approvals were pending, Dena Bank communicated to the stock exchange here today.

However, the bank has not finalised the date for the next meeting to discuss the issue.

Dena Bank, on October 23, had said it would tap the capital market for the second time by issuing shares aggregating Rs 80 crore (face value) at a premium. Bureau Report