According to a BSE filing, BoB will swap its 402 equity shares of Rs 2 each for every 1,000 equity shares of Rs 10 each of Vijaya Bank, while it will give 110 equity shares of Rs 2 each for every 1,000 equity shares of Rs 10 each of Dena Bank.
"A Grievance Redressal Committee headed by Shri Kode, retired judge of Mumbai High Court, has been set up to address the grievances of minority shareholders.
"Minority shareholders are those shareholders who either (a) individually or collectively hold at least 1 per cent of the total paid up equity capital of any of Bank of Baroda, Vijaya Bank or Dena Bank; or are 100 shareholders acting collectively, of any of Bank of Baroda, Vijaya Bank or Dena Bank," BoB said in the regulatory filing.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.