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Central Bank of India to allot 35.43 crore shares to Govt. of India

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Capital Market

For capital inclusion of Rs 2354 crore

Central Bank of India announced that the Capital Raising Committee of the Board of Directors of the Bank have approved the issue and allotment of up to 35,43,57,970 equity shares of face value of Rs 10 each at an issue price of Rs 66.43 per equity share aggregating to Rs 2354 crore to Govt. of India on preferential basis.

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First Published: Oct 12 2018 | 3:46 PM IST

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