State Bank of Mysore updates on IPDI issue for Rs 100 crores

State Bank of Mysore has announced that the proposed issue of Perpetual Debt Instruments (IPDI) of Rs. 100 crores having coupon rate of 9.10% will opens on November 20, 2009 and closes on November 24, 2009. The Bank reserves the right to vary (pre-pone/postpone) any of the above date(s) at its sole and absolute discretion without giving any reasons or prior notice.

The stock closed the day at Rs.591.10, down by Rs.12.05 or 2%. The stock hit an intraday high of Rs.605 and low of Rs.591.10.

The total traded quantity was 585 compared to 2 week average of 2366.

Source : Equity Bulls

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