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As on May 27, 2017 12:00 AM Your results on : Corporate News    
Outcome of board meeting of South Indian Bank
27-May-2017 (11:39)
The Board of Directors of South Indian Bank at its meeting held on 26 May 2017 has approved the following -

1. To augment Tier I capital by way of increasing the paid-up capital of the Bank by issue of equity shares not exceeding Rs.20 crores in nominal value, in one or more tranches, on such terms and conditions as it may deem fit, subject to the approval of Reserve Bank of India, Shareholders and other regulatory authorities, if any. The mode, price and time of the issue will be intimated in due course.

2. To increase borrowing power from the present limit of Rs.6,000 Crores to Rs.10,000 Crores pursuant to Section 180(1)(c) and other applicable provisions, if any, of the Companies Act, 2013 subject to the approval of Shareholders in the ensuing Annual General Meeting.

3. To issue Basel III compliant Tier I/II Bonds, to be considered for Capital Fund purpose and / or Long term bonds for Infrastructure (Project) Finance and Affordable Housing in the nature of debentures on private placement basis, for a total face value not exceeding Rs. 500 Crores.

Board of Indraprastha Medical Corporation approves change in CFO
27-May-2017 (11:34)
Outcome of board meeting of Walchandnagar Industries
27-May-2017 (11:11)
Intercontinental Leasing & Fin. Co. to hold board meeting
27-May-2017 (10:38)
Dalmia Industrial Development to hold board meeting
27-May-2017 (10:37)
Shanti Educational Initiatives Ltd to hold board meeting
27-May-2017 (10:37)
Kuber Udyog to hold board meeting
27-May-2017 (10:37)
Patdiam Jewellery Ltd to hold board meeting
27-May-2017 (10:37)
Jyotirgamya Enterprises to hold board meeting
27-May-2017 (10:37)
HCKK Ventures to hold board meeting
27-May-2017 (10:36)
Loyal Equipments Ltd to hold board meeting
27-May-2017 (10:36)
Oyeeee Media to hold board meeting
27-May-2017 (10:36)
Infibeam Inc. Ltd to hold board meeting
27-May-2017 (10:36)
Spaceage Products to hold board meeting
27-May-2017 (10:35)
Raghuvansh Agrofarms Ltd to hold board meeting
27-May-2017 (10:35)
Mangalam Seeds Ltd to hold board meeting
27-May-2017 (10:35)
Vishal Fabrics to hold board meeting
27-May-2017 (10:35)
Board of Kalyani Steels recommends final dividend
27-May-2017 (10:23)
Board of Cipla recommends final dividend
27-May-2017 (10:22)
Board of Hawkins Cooker recommends final dividend
27-May-2017 (10:22)
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