On 19 December 2017
Indian Bank will hold a meeting of the Board of Directors of the Company on 19 December 2017, to consider inter alia, a proposal enabling provision to raise equity capital upto Rs.7,000 crore in one or more tranches in the current or subsequent years based on the requirement through FPO/ Private Placement/ QIP/ Rights Issue/ Preferential Issue/ Institutional Placement Program will be taken up for the consideration / approval of the Board, and thereafter in EGM/AGM by shareholders.Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)