Dena Bank approves fund raising of Rs. 1800 crore

The Board of Directors of Dena Bank at their meeting held on Friday, June 22, 2018 approved raising of the fund upto an amount of Rs. 1800 Crore, in one or more tranche at appropriate time, through FPO / Rights Issue / Preferential Issue / Qualified Institutions Placement (QIP) / Employee Stock Purchase Scheme (ESPS), etc.

Shares of DENA BANK was last trading in BSE at Rs.16.3 as compared to the previous close of Rs. 16.4. The total number of shares traded during the day was 90669 in over 254 trades.

The stock hit an intraday high of Rs. 16.5 and intraday low of 16. The net turnover during the day was Rs. 1475924.

Source : Equity Bulls

Keywords