Allahabad Bank allots equity shares to LIC

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On preferential basis
Allahabad Bank has issued and allotted 1,32,44,282 equity shares of face value of Rs 10 each for cash at an issue price of Rs 43.42 per share including a premium of Rs 33.42 per share on preferential basis to Life Insurance Corporation of India.Powered by Capital Market - Live News
First Published: Apr 01 2016 | 9:45 AM IST