The Board of Directors of Allahabad Bank in its meeting held on January 24, 2010 has, approved the raising equity capital of the Bank by an amount aggregating upto Rs. 2153.00 crore (including premium) through Preferential Issue of equity shares to the Government of India (President of India) against their capital infusion of Rs. 2153.00 crore in the Bank, subject to requisite approval of shareholders and other statutory /regulatory authorities.
The board also approved convening an Extraordinary General Meeting of shareholders of the Bank on Thursday, the 27th February, 2020.
Shares of ALLAHABAD BANK was last trading in BSE at Rs.18.65 as compared to the previous close of Rs. 18.5. The total number of shares traded during the day was 25988 in over 937 trades.
The stock hit an intraday high of Rs. 18.75 and intraday low of 18.35. The net turnover during the day was Rs. 484019.