Canara Bank board approves allotment of 19.32cr equity shares through QIP
Fri, Dec 11, 2020 1:47 PM

Canara Bank board approves allotment of 19.32cr equity shares through QIP

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Canara Bank announced that the Capital Planning Process of the Board of Directors approved the allotment of 19,32,36,714 Equity Shares to eligible institutional buyers at an issue price of Rs103.50 per Equity Share, aggregating up to Rs2000cr. The bank's QIP opened on December 7, 2020, and closed on December 10, 2020. They revealed the details of allottees with more than 5% in the QIP issue.

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