Bank of Maharashtra raising equity capital via preferential allotment

The Board of Directors of Bank of Maharashtra, on March 30, 2013 has allotted 7,18,83,852 Equity Shares of Rs. 10/- each at Rs. 56.48 per share aggregating to Rs. 405,99,99,960.96, to the Government of India on preferential allotment basis.

April 01, 2013 / 18:25 IST

Bank of Maharashtra has informed BSE that pursuant to the Special Resolution passed by the shareholders at the Extraordinary General Meeting held on March 18, 2013, the Board of Directors of the Bank, on March 30, 2013 has allotted 7,18,83,852 Equity Shares of Rs. 10/- each at Rs. 56.48 per share aggregating to Rs. 405,99,99,960.96, to the Government of India on preferential allotment basis.Source : BSE

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first published: Apr 1, 2013 06:25 pm

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