ALSO READAllahabad Bank post Q1 loss of Rs 565 cr Allahabad Bank posts Q4 net loss of Rs 581 cr Allahabad Bank gets ratings assigned for proposed Basel III compliance Tier -2 Bonds Allahabad Bank reports standalone net loss of Rs 581.13 crore in the March 2016 quarter Allahabad Bank reports standalone net loss of Rs 564.96 crore in the June 2016 quarter
On 17 October 2016Allahabad Bank has issued and allotted 42,30,226 (Forty two lac thirty thousand two hundred twenty six) new equity shares of face value of Rs. 10.00 (Rupees ten only) of the Bank on preferential basis to Government of India (President of India) on 17 October 2016 for cash at an issue price of Rs. 78.01 (Rupees seventy eight and paise one only) per equity share including a premium of Rs. 68.01 (Rupees sixty eight and paise one only) per equity share.
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