Bank of Maharashtra to consider fund raising proposal on May 4, 2017

The Board of Bank of Maharashtra in its meeting to be held on 04th May, 2017 at Pune interalia will consider the proposal of raising of equity capital through FPO / Rights issue / QIP etc., upto Rs.2,000/- crore at an appropriate time, subject to the necessary approvals.

Shares of BANK OF MAHARASHTRA was last trading in BSE at Rs.36.5 as compared to the previous close of Rs. 34.6. The total number of shares traded during the day was 303489 in over 1765 trades.

The stock hit an intraday high of Rs. 37 and intraday low of 34.5. The net turnover during the day was Rs. 11008191.

Source : Equity Bulls

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