To Life Insurance Corporation of India
Central Bank of India announced that Capital Raising Committee of the Board of Directors of the Bank at their meeting held on 01 January 2015 has allotted 8,28,90,000 equity shares to Life Insurance Corporation of India subsequent to passing of the Special resolution by shareholders at their meeting held on 30 December 2014 to accord consent to the Capital Raising Committee/Board of the Bank to create, offer, issue and allot abovesaid shares to Life Insurance Corporation of India of the face value of Rs. 10/- per equity share at a price of Rs. 75.55 per Equity Share determined in accordance with Regulation 76 of SEBI ICDR Regulations aggregating to Rs. 626,23,39,500.00Powered by Capital Market - Live News
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