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Outcome of board meeting of State Bank of Travancore

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Capital Market
Last Updated : May 21 2014 | 12:00 AM IST

Held on 20 May 2014

State Bank of Travancore announced that the Board of Directors of the Bank at its meeting held on 20 May 2014, has accorded to allot 92,53,473 equity shares, ranking pari-passu with the existing equity shares of the Bank in all respect, including dividend, at an issue price of Rs 416.06 per share (face value Rs 10 each at a premium of Rs 406.06 per share), to State Bank of India on preferential basis.

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First Published: May 20 2014 | 2:31 PM IST

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