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Tuesday, January 25, 2011

Karnataka Bank Ltd: Outcome of Board Meeting

Karnataka Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on January 24, 2011, has decided to fix the issue price for the shares to be issued on Rights basis in the ratio of 2:5 (TWO shares for every FIVE) shares at Rs. 85 including the premium of Rs. 75 per share.

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