For preferential allotment of 3,74,74,541 equity shares to GoI
Syndicate Bank announced that the Bank has proposed to issue 3,74,74,541 equity shares of face value of Rs 10 each to Government of India by way of preferential allotment, at an issue price fixed at Rs 122.75 per share. The Relevant Date is fixed as 20 February 2015. Post-issue Government of India shareholding in the Bank will increase from 67.39% to 69.24%.Powered by Capital Market - Live News
