The Hindu Business Line : Dena Bank fixes price band at Rs 23-27 for second public issue

In a notification to the BSE, the bank has said that the bank's board adopted the draft prospectus to be filed with SEBI, in respect of the issue of eight crore fresh equity shares with a face value of Rs 10 each with an appropriate premium.

The bank is expected to tap the equity markets in the next couple of months, officials said.

After the issue, the bank's paid-up capital would grow to Rs 286 crore from Rs 206 crore.

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