Centurion Bank of Punjab Allotment of equity shares on preferential basis

Centurion Bank of Punjab Ltd has announced that the Securities Transfer, Allotment & Grievance Redressal Committee of the Board at its meeting held on January 18, 2007, has allotted 7,50,00,000 equity shares of the face value of Re 1/- each at a price of Rs 24.54 per share (including premium of Rs 23.54 per share) for cash on a preferential basis aggregating to Rs 184.05 crores to India Advantage Fund V through its Trustee. The Western India Trustee and Executor Company Ltd and acting through its Investment Manager, ICICI Venture Funds Management Company Ltd.

Source : Equity Bulls

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