Allahabad Bank to allot 38.92 crore shares to Govt. of India

Capital Market 

The Allotment Committee of Board of has approved the allotment of 38,92,15,046 new equity shares of face value of Rs 10 each to Govt. of at an issue price of Rs 45.99 per equity including a premium of Rs 35.99 per aggregating to Rs 1789.99 crore.

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First Published: Mon, October 15 2018. 18:46 IST