| | | | Outcome of Board Meeting (EGM on March 24, 2012) | 2/22/2012 1:38:21 PM | | | | Allahabad Bank has informed BSE that the Board of Directors of the Bank at its meeting held on February 22, 2012, has resolved to call an Extraordinary General Meeting of the shareholders of the Bank on March 24, 2012 for their approval to issue and allot equity shares to Govt. of India and/or to Life Insurance Corporation of India/others, on preferential basis.
Further, the Board of Directors of the Bank has fixed February 23, 2012 as "Relevant Date" in terms of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2009. | |
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