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Indian Overseas Bank fixes issue price for preferential issue of shares to GoI

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Capital Market

Issue price is Rs 11.32 per share

The Committee of Director of Indian Overseas Bank at its meeting held on 27 January 2020 has approved the issue price of Rs 11.32 (including share premium of Rs 1.32) per share for equity shares to be issued to Govt. of India on a preferential basis.

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First Published: Jan 27 2020 | 3:55 PM IST

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