Allahabad Bank allots 26769282 Equity Shares

On March 25, 2015, Allahabad Bank has issued and allotted 2,67,69,282 (Two crore sixty seven lac sixty nine thousand two hundred and eighty two) equity shares of face value of Rs. 10.00 (Rupees ten only) at an Issue Price of Rs. 119.54 (Rupees one hundred nineteen and paise fifty four only) per equity share including a premium of Rs. 109.54 (Rupees one hundred nine and paise fifty four only) per equity share to Government of India (President of India) on preferential basis.

Shares of ALLAHABAD BANK was last trading in BSE at Rs.100.85 as compared to the previous close of Rs. 98.3. The total number of shares traded during the day was 245321 in over 5601 trades.

The stock hit an intraday high of Rs. 101.7 and intraday low of 97.3. The net turnover during the day was Rs. 24409843.

Source : Equity Bulls

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