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Outcome of QIP Committee Meeting

| Updated on August 22, 2014 Published on August 22, 2014

Karur Vysya Bank Ltd has informed BSE that in respect of the QIP, the QIP Committee of the Board of Directors of the Bank on August 21, 2014, inter alia, has passed the following resolutions:

(i) declaring the closure of the QIP on August 21, 2014;

(ii) determining and approving the issue price of Rs. 466.00 per Equity Share (including a premium of Rs. 456.00 per Equity Share), for the Equity Shares to be allotted to eligible qualified institutional buyers in the QIP; and

(iii) approving and adopting the placement document dated August 21, 2014, in connection with the QIP (the “Placement Document”).

Source : BSE - >www.bseindia.com

Published on August 22, 2014
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