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Bandhan Bank amends capital clause of MoA

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Capital Market
Last Updated : Dec 06 2019 | 5:04 PM IST

Authorised share capital reduced to Rs 3200 crore

Bandhan Bank announced that with the approval of the shareholders of the Bank, the authorised share capital of the Bank has reduced, with effect from 04 December 2019 from Rs 5200 crore divided into 520 crore equity shares of Rs 10 each to Rs 3200 crore dividend into 320 crore equity shares of Rs 10 each. The Bank has accordingly amended the capital clause of Memorandum of Association of the Bank.

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First Published: Dec 06 2019 | 4:32 PM IST

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