Bank of Baroda allots Equity Shares to Government of India at Rs. 838.85

On March 12, 2013, the allotment committee of Bank of Baroda has issued and allotted 1,01,32,920 Equity shares of Rs. 10/- each at issue price of Rs. 838.85 aggregating to Rs. 849,99,99,942 (Rs Eight hundred forty nine crore ninety nine lacs ninety nine thousand nine hundred forty two only) to Government of India (President of India) on preferential basis, as per SEBI Guidelines.

The Bank of Baroda stock closed the day at Rs.738.70, down by Rs.1.35 or 0.18%. The stock hit an intraday high of Rs.745.50 and low of Rs.732.10.

The total traded quantity was 0.69 lakhs compared to 2 week average of 0.82 lakhs.

Source : Equity Bulls

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