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According to a release issued by the bank to the BSE today, the board has decided to call upon the balance amount of Rs 390 per share (Rs 0.75 per share towards face value and Rs 389.25 per share towards share premium) on 1,74,02,172 partly paid shares allotted to the retail bidders and existing retail shareholders under the follow on public offering in June 2007.
The shares were allotted to the retail bidders and existing retail shareholders @ Rs 890 per share.
The board has fixed November 23, 2007 as the record date for ascertaining the shareholders who would be required to pay the call money.
