City Union Bank to consider further issue of equity shares

City Union Bank Ltd has announced that a meeting of the Board of Directors of the Bank will be held on May 04, 2007, to consider further issue of equity shares by way of preferential allotment subject to the applicable laws and regulations including RBI & SEBI Guidelines.

The stock closed on Friday at Rs.169.50, down by Rs.0.50 or 0.29%. The stock hit an intraday high of Rs.171.25 and low of Rs.168.10. The total traded quantity was 9244 compared to 2 week average of 3629.

Source : Equity Bulls

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