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Further re Acquisition

2 Aug 2010 07:00

RNS Number : 3295Q
State Bank Of India
02 August 2010
 



Letter to Bombay Stock Exchange Ltd

Letter dated 30 July 2010

 

LISTING AGREEMENT: CLAUSE 36

ACQUISITION OF STATE BANK OF INDORE

RECORD DATE FOR DETERMINING THE MINORITY SHAREHOLDERS OF STATE BANK OF INDORE ENTITLED TO RECEIVE SHARES OF STATE BANK OF INDIA

 

We refer to our letter no. CO/S&B/VKJ/1034 dated 28.07.2010 vide which we had advised that the Government of India has issued the "Acquisition of State Bank of Indore Order, 2010", in terms of which the entire undertaking of State Bank of Indore shall stand transferred to and vested in the Sate Bank of India from 26th August 2010.

 

2. In this connection, in terms of clause 36 of the listing agreement, we further advise that in terms of the above Order, the Executive Committee of the Central Board of State Bank of India has today fixed 11th August 2010 as the Record Date for determining the eligible minority shareholders of State Bank of Indore entitled to receive 34 Equity Shares of face value of Rs. Ten (10) each, fully paid up, of State Bank of India for every 100 Equity Shares of face value of Rs. Ten (10) each, fully paid up, held by the aforesaid shareholders in State Bank of Indore.

 

Letter from State Bank of India

This information is provided by RNS
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END
 
 
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