Towards preferential allotment of shares
IDBI Bank announced that in terms of Government of India's (GoI) approval Notification dated 28 December 2015 sanctioning release of Rs. 2228.99 crore towards GoI's contribution in the Preferential Allotment of 29,60,94,580 Equity Shares of Rs. 10 each at a price of Rs. 75.28 per share, approved by Bank's EGM held on 04 November 2015, the aforesaid amount has been received in the Account of IDBI Bank on 29 December 2015.Powered by Capital Market - Live News
