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Shares of Bandhan Bank and Gruh Finance rallied by up to 9 per cent on the BSE on Tuesday ahead of record date for scheme of amalgamation.
Shares of Gruh Finance will turn ex-date on Wednesday for the proposed amalgamation with Bandhan Bank.
The board of directors of Bandhan Bank and Gruh Finance had fixed Thursday, October 17, 2019 as the record date, following the effectiveness of the scheme, for the purposes of determining the shareholders of the company who shall be entitled to receive shares of Bandhan Bank. The share swap ratio for the amalgamation was fixed
Shares of Gruh Finance will turn ex-date on Wednesday for the proposed amalgamation with Bandhan Bank.
The board of directors of Bandhan Bank and Gruh Finance had fixed Thursday, October 17, 2019 as the record date, following the effectiveness of the scheme, for the purposes of determining the shareholders of the company who shall be entitled to receive shares of Bandhan Bank. The share swap ratio for the amalgamation was fixed
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