State Bank of India issue rights equity shares

Under SBI Rights Issue-2008

State Bank of India announced that the Executive Committee of Central Board of the Bank has approved the allotment of 9,720 equity shares (rights shares) of Re. 1/- each, (972 equity shares of Rs. 10/- each before split) to eligible shareholders under the SBI Rights Issue-2008. Allotment of aforesaid shares was kept in abeyance as the Equity Shares issued earlier, on which the Rights were offered, were subject matter of title disputes/sub-judice and the same are allotted after resolution of the dispute.

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