| Extraordinary General Meeting of the shareholders of the Bank on March 24, 2012 for their approval to issue and allot equity shares to Govt. of India and/or to Life Insurance Corporation of India/others, on preferential basis.
Further, the Board of Directors of the Bank has fixed February 23, 2012 as 'Relevant Date' in terms of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2009.
Allahabad Bank has informed BSE that an Extra Ordinary General Meeting (EGM) of the Bank will be held on March 24, 2012 to transact the following:
- To create, offer, issue and allot such number of equity shares of Rs. 10/- each (Rupees Ten only) for cash at such Issue Price as may be determined by the Board in accordance with Regulation 76 (1) of SEBI ICDR Regulations on preferential basis upto Rs. 1003.00 crore to Government of India (President of India).
- To create, offer, issue and allot upto 2,38,10,771 equity shares of Rs. 10/- each (Rupees Ten only) for cash at such Issue Price as may be determined by the Board in accordance with Regulation 76 (4)of SEBI ICDR Regulations aggregating up to Rs. 500/- crore (Rupees five hundred crore only) on preferential basis to Life Insurance Corporation of India and its various schemes (LIC). (For more details kindly refer Corporate Announcements on www.bseindia.com).
(As Per BSE Announcement Dated on 01.03.2012)
Allahabad Bank has informed BSE that the Extra Ordinary General Meeting (EGM) of the Bank was held on March 24, 2012.
(As Per BSE Announcement Website dated on 26.03.2012) |
| Allahabad Bank has informed BSE that an Extraordinary General Meeting of the shareholders of the Bank has been called, on February 14, 2012 for election of upto three shareholders' directors.
The cut off date for eligibility of the shareholders to participate in the election shall be December 31, 2011 (close of business hour).
Allahabad Bank has informed BSE that an Extra Ordinary General Meeting (EGM) of the Bank will be held on February 14, 2012 inter alia, to transact the following;
1. To elect Directors from amongst the shareholders of the Bank, other than Central Government pursuant to Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 read with relevant Scheme, Regulations made there under and RBI Notifications and shall assume office from February 15, 2012, for a period of three years from the date of such assumption.
(As Per BSE Announcement Dated on 24.01.2012)
Allahabad Bank has informed BSE that the following four (4) candidates have been found eligible for contesting election of three directors representing shareholders (other than the Central Government) in the Extraordinary General Meeting of the shareholders of the Bank, being convened on February 14, 2012:-
1. Dr. Sudip Chaudhuri
2. Shri Ashok Vij
3. Shri A.P.V.N. Sarma
4. Shri Ram Niwas Jain
(As Per BSE Announcement Website dated on 04.02.2012)
(Cancelled)
(As Per BSE Bulletin dated on 10.02.2012) |
| Extra Ordinary General Meeting of the Shareholders of the Bank on March 24, 2011 for their approval for preferential allotment of Equity Shares to the Govt. of India.
Further the Board of Directors of the Bank has fixed February 19, 2011 as the 'relevant date' in terms of Securities and Exchange Board of India (Issue of Capital and Discosure Requirement), Regulations, 2009.
Allahabad Bank has informed BSE that the Extra Ordinary General Meeting of the Shareholders of the Bank called for their approval for preferential allotment of Equity Shares to the Govt. of India on March 24, 2011 has been pre-poned to March 23, 2011 due to unavoidable circumstances. However the 'relevant date' shall remain unchanged as February 19, 2011.
(As Per BSE Announcement Website dated on 23.02.2011)
Allahabad Bank has informed BSE that the Extra Ordinary General Meeting (EGM) of the Bank will be held on March 23, 2011, inter alia, to create, offer, issue and allot 1,28,63,436 Equity Shares of the Bank of Rs. 10/- (Rupees Ten only) each for cash at a premium of Rs. 217/- (Rupees Two Hundred Seventeen only) aggregating to Rs. 291,99,99,972/- (Rupees Two Hundred Ninety One Crore Ninety Nine Lac, Ninety Nine Thousand, Nine Hundred Seventy Two only) by way of Preferential Issue to the promoters of the Bank i.e. Government of India (President of India) in accordance with Chapter VII of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2009 (the SEBI ICDR Regulations), subject to necessary provisions and approvals.
(As Per BSE Announcement Dated on 28.02.2011)
Allahabad Bank has informed BSE about Enhancement of amount of capital infusion by Govt. of India and modification in the Notice of Extra Ordinary General Meeting of the Bank scheduled on March 23, 2011.
Announcement:
The Govt. of India, Ministry of Finance, Department of Financial Services vide their letter dated March 15, 2011 has conveyed the decision of the Govt. of India to infuse a sum of Rs. 378 crore by way of preferential allotment of equity in favour of Govt. of India, in order to raise the holding of Govt. of India in the Equity Capital of the Bank to 58.00%, over and above Rs. 292 core advised earlier. As such the total amount of capital infusion by the Govt. of India will be Rs. 670 crore (approx.) Accordingly the Board of Directors of the Bank has approved modifications(s) in the Notice of the Extra Ordinary General Meeting of the Shareholders of the Bank as under:-
(a) Number of Equity shares to be allotted to Government of India wherever appearing in the Notice/Explanatory Statement, is to be read as 2,95,15,418 in place of 1,28, 63,436.
(b) Amount of capital infusion by Government of India wherever appearing in the Notice / Explanatory Statement is to be read as Rs. 669,99,99,886 in place of Rs. 291,99,99,972/-.
(c) Total Equity holding of Government of India post allotment wherever appearing in the Notice / Explanatory Statement to be read as 27,62,15,418 in place of 25,95,63,436.
(d) Percentage of Post allotment shareholding of Government of India wherever appearing in the Notice/Explanatory Statement to be read as 58.00% in place of 56.48%.'
(As Per BSE Announcement Website dated on 18.03.2011)
Allahabad Bank has informed BSE that the shareholders of the Bank in the Extra Ordinary General Meeting (EGM) on March 23, 2011, has approved issuance and allotment of 2,95,15,418 equity Shares of Rs. 10 each at a premium of Rs. 217 per share amounting to Rs. 669,99,99,886 to Govt. of India (President of India) on preferential allotment basis. The special Resolution in this regard is passed unanimously by the shareholders.
(As Per BSE Announcement Website dated on 23.03.2011)
Allahabad Bank has submitted to BSE a copy of the minutes of Extra Ordinary General Meeting (EGM) of the shareholders of the Bank held on March 23, 2011.
(As Per BSE Announcement Website dated on 13.04.2011) |
| Allahabad Bank has informed BSE that Board of Directors has decided to convene an Extra-Ordinary General Meeting of the shareholders of the Bank on June 25, 2008 for election of three (3) shareholders directors (other than Central Government) in terms of Banking Regulation.
The Record Date for the purpose of election of directors has been fixed on May 30, 2008.
With reference to the earlier announcement dated May 03, 2008 titled EGM on June 25, 2008 regarding fixation of Record date of May 30, 2008 for the purpose of election of Directors, Allahabad Bank has now informed BSE that the word "Record Date" should be read as "Specified Date".
(As per BSE Announcement Website dated on 05/05/2008)
With reference to the earlier announcement dated May 03, 2008 regarding convening the Extra Ordinary General Meeting of the Shareholders of the Bank on June 25, 2008 for election up to 3 (three) shareholder directors, Allahabad Bank has informed BSE that out of all the nominations received, the following 3 (three) shareholders were left for contesting the election.
1. Shri. Asok Kumar Mohapatra
S/O Shri. Dhuna Chandra Mohapatra
2. Shri. Deveshwer Kumar Kapila
S/O Late. Ashwini Kumar Kapila
3. Shir. Yash Paul Mahajan
S/O Late. Amar Nath Mahajan
Since there are only 3 (three) nomination left for contesting the election against the 3 (three) vacancies of Directors representing shareholders, the above three contestants are deemed to have been elected as Director representing shareholders of the Bank. The aforeesaid three candidates will assume the office from June 30, 2008 in terms of provisions of the appropriate laws as applicable.
In View of this, the Extraordinary General Meeting convened for the purpose on June 25, 2008 stands cancelled.
(As per BSE Announcement Website dated on 18/06/2008) |