Corporate Announcement
Security Code : 532652    Company : KTKBANK    
Outcome of Board Meeting (Right Issue)Download PDF
  Exchange Disseminated Time     05/08/2016 12:16:59
Karnataka Bank Ltd has informed BSE that at the meeting of the Board of Directors of the Bank held on August 05, 2016 it has been decided to issue equity shares of the Bank on RIGHTS basis in the ratio of 1:2 i.e. one share for every two shares held on a record date to be fixed at a later date at a price of Rs.70 per share including the premium of Rs.60 per share, subject to necessary approvals.


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