Dena Bank has informed BSE that the Bank had informed vide its letter dated February 24, 2011 that Extraordinary General Meeting of Dena Bank will be held on March 21, 2011 seeking approval of shareholders issuing Equity Shares to the extent of Rs. 539 crore. to Government of India on preferential basis.
In this regard, the Bank has further informed BSE that the Board of Directors at its meeting held on March 01, 2011 has approved issuance of 48565874 Equity Shares of face value of Rs. 10/- each for cash at a premium of Rs. 105.75 i.e. at the issue price of Rs. 115.75 as determined in accordance with the SEBI (ICIDR) Regulations, 2009 on preferential basis to Government of India.
Sensex
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Friday, March 04, 2011
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