Right Issue-2017 of The Bank
Issue of up to 1,00,00,000 equity shares of face value Rs. 10.00 each (“rights equity shares”) of our Bank
for cash at a price of Rs. 24.00 per rights equity share (“issue price”) including a premium of Rs. 14.00 per
rights equity share aggregating up to Rs. 24.00 crore on a rights basis to the eligible shareholders of the
bank in the ratio of 1 rights equity share for 6.75 fully paid-up equity shares held by such eligible
shareholder on the record date, that is, February 23, 2017 (“issue”). The entire issue price for the rights equity shares is payable on application.
Offer opens on |
March 04, 2017 |
Last date for receipt of requests for split application forms |
March 11, 2017 |
Offer closes on |
March 20, 2017 |