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Corporate News
11-Dec-23
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Bank of India raises Rs 4500 cr via QIP issue
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Bank of India has allotted 44,91,01,796 equity shares of face value of Rs 10 each to eligible qualified institutional buyers at an issue price of Rs 100.20 per equity share against the floor price of Rs 105.42 per equity share aggregating to Rs 4,499.99 crore.
Pursuant to the allotment of equity shares the paid up equity share capital has increased to Rs. 4,552.67 crore, comprising of 455,26,67,866 equity shares.
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