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Board of AU Small Finance Bank approves preferential allotment of shares and warrants

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Capital Market
Last Updated : Jun 28 2018 | 9:04 PM IST

At meeting held on 28 June 2018

The Board of AU Small Finance Bank has approved the allotment of 43,30,441 equity shares of Rs 10 each at an issue price of Rs 692.77 per equity share and allotment of 1,01,04,364 convertible warrants at a price of Rs 692.77 per warrant to Camas Investment on preferential basis. The Bank has received a total consideration of Rs 474.99 crore against the above allotment.

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First Published: Jun 28 2018 | 8:44 PM IST

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