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Allahabad Bank allots equity shares to Life Insurance Corporation of India P & GS Fund

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Capital Market

On preferential basis

Allahabad Bank has issued and allotted 164,26,392 new equity shares of Rs 10 each to Life Insurance Corporation of India P & GS Fund for cash at an issue price of Rs 78.01 per share (including premium of Rs 68.01 per share) on preferential basis on 24 October 2016.

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First Published: Oct 25 2016 | 2:11 PM IST

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