General Announcement::Extraordinary General Meeting of the Bank - 30.04.2015

Issuer & Securities

Issuer/ Manager
CANARA BANK
Securities
CANARABANKUS$250M6.365%N211128 - XS0276148847 - 7TSB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Apr-2015 19:15:47
Status
New
Announcement Sub Title
Extraordinary General Meeting of the Bank - 30.04.2015
Announcement Reference
SG150406OTHR0PAU
Submitted By (Co./ Ind. Name)
B Nagesh Babu
Designation
Assistant General Manager & Company Secretary
Effective Date and Time of the event
06/04/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
As per the authority delegated by the Board of the Bank, the Managing Director and Chief Executive Officer has approved to conduct the Extraordinary General Meeting of the Bank on 30.04.2015 for obtaining the consent of the shareholders to make preferential allotment of 4,00,00,000 equity shares of the Bank to M/s Life Insurance Corporation of India (LIC).In this connection, we inform as under :

- The Relevant Date is 31.03.2015 (in terms of SEBI-ICDR Regulations);

- The Bank has fixed a minimum Issue Price at Rs. 380.08 calculated in accordance with the Regulation 76 (1) of SEBI-ICDR Regulations for the proposed issue of equity shares to Life Insurance Corporation of India by way of Preferential Allotment;

We have finalized the Notice of the Extraordinary General Meeting of the Bank duly signed by the Managing Director & Chief Executive Officer of the Bank.

Kindly find attached the soft copy of the Notice of EGM of the Bank, with a request to place the same on the site of the Exchange.

Attachments

LIC-EGM-Notice.pdf
Total size =2383K