State Bank of Mysore fixes Rs. 545 as issue price for IPP of Equity Shares of the Bank

Pursuant to the power vested on Shri. Sharad Sharma, the Managing Director of State Bank of Mysore by the Board of Directors, vide its meeting dated February 04, 2013, the Managing Director has approved the issue price of the equity shares offered pursuant to the Issue of Rs. 545/- per equity share, determined in accordance with the provisions of Chapter VIII-A of the SEBI (Issue of Capital and Disclosure Requirements), Regulations, 2009, as amended from time to time (ICDR Regulations).

Shares of State Bank of Mysore was last trading in BSE at Rs.554, up by Rs.0.95 or 0.17%. The stock hit an intraday high of Rs.575 and low of Rs.551.

The total traded quantity was 611 compared to 2 week average of 688.

Source : Equity Bulls

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