At meeting held on 05 August 2016
Karnataka Bank announced that at the meeting of the Board of Directors of the Bank held on 05 August 2016 it has been decided to issue equity shares of the Bank on RIGHTS basis in the ratio of 1:2 i.e. one share for every two shares held on a record date to be fixed at a later date at a price of Rs.70 per share including the premium of Rs.60 per share, subject to necessary approvals.Powered by Capital Market - Live News
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