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Indian Bank to conduct board meeting

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Capital Market
Last Updated : Dec 16 2017 | 5:50 PM IST

On 19 December 2017

Indian Bank will hold a meeting of the Board of Directors of the Company on 19 December 2017, to consider inter alia, a proposal enabling provision to raise equity capital upto Rs.7,000 crore in one or more tranches in the current or subsequent years based on the requirement through FPO/ Private Placement/ QIP/ Rights Issue/ Preferential Issue/ Institutional Placement Program will be taken up for the consideration / approval of the Board, and thereafter in EGM/AGM by shareholders.

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First Published: Dec 16 2017 | 5:03 PM IST

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