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RBL Bank Ltd board to consider fund raising on Nov 30, 2019

Posted On: 2019-11-28 12:45:44

A meeting of the Board of Directors of RBL Bank Ltd is proposed to be held on Saturday, November 30, 2019, to consider and if thought fit to approve the raising of funds by way of issue of equity shares of the Bank on a Preferential basis in accordance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and such other acts, rules and regulations as may be applicable, subject to the approval of the Members of the Bank.

Shares of RBL Bank Ltd was last trading in BSE at Rs.367.65 as compared to the previous close of Rs. 347.45. The total number of shares traded during the day was 1503697 in over 18386 trades.

The stock hit an intraday high of Rs. 371 and intraday low of 353.5. The net turnover during the day was Rs. 545990150.


Source: Equity Bulls

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