At issue price of Rs 466 per share aggregating Rs 625 crore
Karur Vysya Bank announced that in respect of the QIP, the QIP Committee of the Board of Directors of the Bank has, in its meeting held on 26 August 2014, approved the issue and allotment of 1,34,12,015 Equity Shares to eligible qualified institutional buyers at the issue price of Rs. 466/- per Equity Share, aggregating to approximately Rs. 625 crore under the SEBI Regulations and Section 42 of the Companies Act, 2013 (including the rules made thereunder).Powered by Capital Market - Live News