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Allahabad Bank allots equity shares to GoI

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Capital Market
Last Updated : May 17 2016 | 9:14 AM IST

On preferential basis

Allahabad Bank has issued and allotted 10,92,29,064 new equity shares of face value of Rs 10 each of the Bank on preferential basis to the Government of India for cash at an issue price of Rs 63.17 per equity share including a premium of Rs 53.17 per equity share.

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First Published: May 17 2016 | 8:56 AM IST

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