On 01 April 2015
State Bank of India announced that the Committee of Directors for Capital Raising In its meeting held on 01 April 2015 considered and accorded approval to allot 10,04,77,012 equity shares, ranking pari-passu with the existing equity shares of the Bank in all respects, including payment of dividend, on preferential basis to Government of India, at an issue price of Rs. 295.59 per share of face value of Rupee 1/-, including a premium of Rs. 294.59 per share for a consideration of Rs. 2969.99 crore.Powered by Capital Market - Live News
