Central Bank of India calls for Board Meeting on Oct 27, 2016

A meeting of the Board of Directors of Central Bank of India will be held on October 27, 2016 to consider and approve raising of additional equity capital by issuance and allotment of equity shares of the face value of Rs. 10/- each at such issue price including premium per equity share as may be determined as per SEBI (ICDR) Regulations, to Life Insurance Corporation of India and/or to its various schemes on preferential basis subject to approval of Government of India, Reserve Bank of India, shareholders and other statutory authorities (if any). Board of Directors of the Bank may also decide to hold an Extra-Ordinary General Meeting (EGM) of shareholders to consider and pass the necessary Special Resolution and may also fix the Relevant Date for the purpose of determining the Issue Price as per SEBI (ICDR) Regulations, 2009.

Shares of CENTRAL BANK OF INDIA was last trading in BSE at Rs.91.65 as compared to the previous close of Rs. 90.55. The total number of shares traded during the day was 203958 in over 1030 trades.

The stock hit an intraday high of Rs. 92.9 and intraday low of 90.25. The net turnover during the day was Rs. 18681721.

Source : Equity Bulls

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