Mumbai, June 15: Centurion Bank's shareholders on Saturday participated in a postal ballot in two meetings to decide on restructuring the bank, which would lead to passing of management control to the Rana Talwar led Sabre group, reduction in the paid-up equity capital and merger of Bank Muscat with Centurion. The first meeting was convened by the Goa bench of the Bombay High Court, while the second was the EGM. Both meetings were held in Panaji.
After the polling, the ballot boxes were sealed and taken to the bank’s registered office. Bureau Report