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Corporate Announcement
Scripcode : 532149    Company : Bank of India Send to friend View All
 
 Raising of Capital by Issue of Equity Shares (EGM on Mar 24, 2012) | 2/21/2012 5:00:33 PM 
 Bank of India has informed BSE that the Board of Directors has approved the raising of capital by issue of upto 7 crore fresh equity shares to (i) Government of India (Promoters) and (ii) Life Insurance Corporation of India or to any other investors, as permitted on preferential basis, subject to the approval of the shareholders and regulatory authorities.

Further, it is also decided to convene an Extra Ordinary General Meeting of the Shareholders on March 24, 2012 to take their approval.
 

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