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Friday, February 18, 2011

Allahabad Bank: Outcome of Board Meeting

Allahabad Bank has informed BSE that the Board of Directors of the Bank at its meeting held on February 18, 2011 has resolved to call an Extra Ordinary General Meeting of the Shareholders of the Bank on March 24, 2011 for their approval for preferential allotment of Equity Shares to the Govt. of India.

Further the Board of Directors of the Bank has fixed February 19, 2011 as the "relevant date" in terms of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement), Regulations, 2009.

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