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Outcome of EGM of Central Bank of India

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Capital Market

Held on 15 July 2014

Central Bank of India announced that at the Extra-ordinary General Meeting held on 15 July 2014, the members accorded approval to the Board of Directors to issue and allot up to 7,10,75,753 equity shares to Life Insurance Corporation of India of the face value of Rs 10 each on preferential basis at a price of Rs 81.83 per equity share aggregating to Rs 581.61 crore.

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First Published: Jul 16 2014 | 12:43 PM IST

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