Jammu & Kashmir Bank Board Meeting to Consider Raising Of Capital

The Board of Directors of Jammu & Kashmir Bank at its meeting scheduled for Saturday, 13th May, 2017 shall consider raising of capital by way of Qualified Institutional Placements (QIPs), subject to regulatory approvals wherever required including shareholders approval for the same by way of special resolution.

Shares of JAMMU & KASHMIR BANK LTD. was last trading in BSE at Rs.83.3 as compared to the previous close of Rs. 82.9. The total number of shares traded during the day was 84561 in over 777 trades.

The stock hit an intraday high of Rs. 84.6 and intraday low of 81.8. The net turnover during the day was Rs. 7031856.

Source : Equity Bulls

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