City Union Bank Board to fix 26% limit for foreign investors

City Union Bank Ltd has announced that the Board of Directors of the Bank at its meeting held on October 30, 2006 has resolved to fix a maximum Investment Limit of 26% of the paid up capital of the bank for Foreign Investors.

The present shareholding of Foreign Investor is 5.8129% of the paid up capital of the Bank.

Source : Equity Bulls

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