30 Sep 2011 14:27
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LISTING AGREEMENT: CLAUSE 36
SBI RIGHTS ISSUE 2008: ALLOTMENT OF 604 RIGHTS SHARES
KEPT IN ABEYANCE
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In terms of clause 36 of the Listing Agreement, we advise that the Executive Committee of Central Board of the Bank has approved allotment of 604 Rights Shares to eligible shareholders under the SBI Rights Issue -2008. Allotment of aforesaid shares was kept in abeyance as the Equity Shares issued earlier, on which the Rights were offered, were subject matter of title disputes/sub-judice and the same are allotted after resolution of the dispute.
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General Manager
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