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State-owned Bank of India (BoI) is mulling to raise up to Rs 2,500 crore in fresh equity capital as it requires to increase the public shareholding in the bank to 25 per cent to comply with regulatory ...

Mangalore Refinery And Petrochemicals Ltd, Gujarat Mineral Development Corporation Ltd, UCO Bank, Indian Overseas Bank, MMTC Ltd and KIOCL Ltd have also come out with their shareholding patterns.

New Delhi, Apr 25 (PTI) State-owned Bank of India (BoI) on Monday said it will raise up to Rs 2,500 crore by issuing fresh equity shares in order to comply with the minimum public shareholding ...

State-owned Bank of India (BoI) on Monday said it will raise up to Rs 2,500 crore by issuing fresh equity shares in order to comply with the minimum public shareholding requirement of 25 per cent.

Presently, public shareholding in Bank of India is 18.59 per cent. Advertisement According to the Sebi norms, listed companies are required to comply with the minimum public shareholding guidelines.

Mangalore Refinery And Petrochemicals Ltd, Gujarat Mineral Development Corporation Ltd, UCO Bank, Indian Overseas Bank, MMTC Ltd and KIOCL Ltd have also come out with their shareholding patterns.