April 7 Andhra Bank
* Seeks members' nod for raising of equity capital by
issuance of shares to India government
* Seeks members' nod for raising of equity capital via QIP
Source text: [Andhra Bank has informed the Exchange that : 1.
The Extra-ordinary General Meeting of the shareholders of the
Bank is scheduled to be held on May 06, 2017 the purpose of (1)
Raising of Equity capital of the Bank by issuance of equity
shares to Government of India on preferential basis and (2) for
Raising of Equity Capital through Qualified Institutional
Placement, Follow on Public Offer, etc at an appropriate time.
2. to have April 06, 2017 as the Relevant Date and to fix the
Issue Price as provided in the SEBI (ICDR) Regulations for
Further company coverage: