The announcement was made after market hours on Monday, 18 March 2013.
Meanwhile, the BSE Sensex was up 33.93 points, or 0.18%, to 19,327.13.
On BSE, 21,000 shares were traded in the counter as against an average daily volume of 1.49 lakh shares in the past one quarter.
The stock hit a high of Rs 75.20 and a low of Rs 74.20 so far during the day. The stock had hit a 52-week high of Rs 107.10 on 28 March 2012. The stock had hit a 52-week low of Rs 62.30 on 13 September 2012.
The stock had underperformed the market over the past one month till 18 March 2013, falling 3.48% compared with the Sensex's 1.07% fall. The scrip had also underperformed the market in past one quarter, sliding 11.22% as against Sensex's 0.37% fall.
The mid-cap bank has an equity capital of Rs 736.12 crore. Face value per share is Rs 10.
Central Bank of India said its shareholders have approved issuing 30.84 crore equity shares on preferential basis at Rs 78 each to the Government of India. The bank will garner Rs 2406 crore through this preferential issue of shares.
Central Bank of India's net profit rose 58.9% to Rs 179.94 crore on 14.1% growth in total income to Rs 5818.81 crore in Q3 December 2012 over Q3 December 2011.
The Government of India (GoI) holds 79.15% stake in Central Bank of India (as per the shareholding pattern as on 31 Decemebr 2012).
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