Business Standard

Thursday, December 26, 2024 | 06:33 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Board of RBL Bank appoves issue of up to 2.42 crore equity shares

Image

Capital Market

At meeting held on 30 November 2019

The Board of RBL Bank at its meeting held on 30 November 2019 has approved the raising of funds by issue of equity shares on private placement basis. The Board approved the issue of up to 2,42,38,310 equity shares aggregating up to Rs 825.79 crore to the following investors -

Bajaj Finance
East Bridge Capital Master Fund 1
FEG Mauritius Master Fund
Ishana Capital Master Fund
WF Asian Reconnaissance Fund.

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: Nov 30 2019 | 5:07 PM IST

Explore News