 "Bank of India allots shares worth Rs 264 crore to LIC")
State-run Bank of India has allotted 2 crore shares to Life Insurance Corporation of India (LIC) valued at Rs 264.12 crore.
"The bank has allotted 2 crore equity shares to LIC on preferential basis at the price of Rs 132.06 per share," it said in a regulatory filing today.
The allotment of shares was done yesterday, it added.
Bank of India shares traded 0.57 per cent up at Rs 114.80 apiece during noon on BSE.
