Bank of India Annulment of forfeiture of shares

Bank of India has announced that the Bank has after due consideration of the representation received from the shareholders, annulled the forfeiture of 200 equity shares on November 20, 2006.

The paid up capital of the Bank consequent to the aforesaid annulment is 48,74,01,800 equity shares of Rs 10/- each fully paid up Rs 487,40,18,000/-. (The above amount does not include amount of shares forfeited totaling Rs 74,01,500/-).

Source : Equity Bulls

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