IndusInd Bank Ltd board to consider Q1FY21 results, preferential issue on July 28, 2020

A meeting of the Board of Directors of IndusInd Bank Ltd is scheduled to be held on Tuesday, July 28, 2020, to consider and approve Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2020 and to consider fund raising by way of issue of equity shares on a preferential basis.

The Board, if required, would also consider convening an extra-ordinary general meeting / postal ballot process to seek approval of the shareholders in respect of the aforesaid proposal of fund raising, as required.

Shares of INDUSIND BANK LTD. was last trading in BSE at Rs.522.2 as compared to the previous close of Rs. 513.95. The total number of shares traded during the day was 2149598 in over 45317 trades.

The stock hit an intraday high of Rs. 536.1 and intraday low of 500. The net turnover during the day was Rs. 1117447725.

Source : Equity Bulls

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