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Outcome of EGM of Vijaya Bank

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Capital Market

Held on 19 March 2014

The Board of Directors of Vijaya Bank at the extra-ordinary meeting held on 19 March 2014 has decided to issue and allot 30,46,45,849 equity shares of the Bank of Rs 10 each at a conversion price of Rs 39.39 (including a premium of Rs 29.39) to the Government of India on preferential basis on conversion of 120 crore perpetual non-cumulative preference shares of Rs 10 each.

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First Published: Mar 20 2014 | 1:20 PM IST

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