Bank of India: Raising of Further Capital

Bank of India has informed BSE that the Board of Directors of the Bank at their meeting held on February 01, 2011 have decided to issue upto 3,00,00,000 (Three Crore Only) fresh equity shares for face value of Rs. 30 Crores through preferential Issue/Right Issue/ FPO/ ADR/GDR or by any other mode as permitted at an appropriate premium and at an appropriate time.