Centurion Bank of Punjab Allots equity shares to QIBs

Centurion Bank of Punjab Ltd has announced that the Securities Transfer, Allotment and Grievance Redressal Committee of the Board, a Committee duly authorised by the Board of Directors in this behalf, at their meeting held September 26, 2007, has allotted 122,699,000 equity shares of face value of Re 1/- each fully paid up, at an issue price of Rs 40.75 per equity share aggregating to Rs 499.99 crores to the Qualified Institutional Buyers under Chapter XIII-A of the SEBI (Disclosure and Investors Protection) Guidelines 2000 as amended.

Source : Equity Bulls

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