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Dena Bank shareholders approve shares allotment of Rs. 407 cr to Government of India at EGM

Dena Bank, India’s trusted family bank conducted an Extraordinary General Meeting (EGM) of the shareholders of the Bank in Mumbai, on 22-09-2015 wherein shareholders approved the issue and allotment of up to 8,41,08,286 Equity Shares of face value of Rs.10/- each to the President of India (Government of India), on preferential basis, for cash at Issue Price of Rs. 48.39 per share including premium of Rs.38.39 per share aggregating up to Rs.407 crore (Rupees Four Hundred Seven crore only).

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