Business Standard

Wednesday, December 25, 2024 | 07:30 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Bank of Maharashtra allots 73.60 lakh equity shares to GoI

Image

Capital Market
Bank of Maharashtra has issued and allotted 73,60,49,601 equity shares of Rs 10 each for cash at an issue price of Rs 11.29 per share (including premium) to Govt. of India aggregating to Rs 831 crore on preferential basis. With this allotment, Govt. of India holding has increased from 92.49% to 93.33%.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 26 2020 | 9:10 AM IST

Explore News