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Thursday, May 05, 2011
Indian Bank: Raising of Equity Share Capital
Indian Bank has informed BSE that the Bank has received the approval of Government of India to raise an additional Equity Capital of Rs. 61.40 crore through book-building process by its Follow-on Public Offer, comprising 6.14 crore Equity Shares of Rs. 10/- each at a premium to be decided by the Bank.
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