Board Meeting-Outcome of Board Meeting

| Updated on May 22, 2018 Published on May 22, 2018

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of the Bank at its meeting held on May 22, 2018 at Hyderabad inter-alia considered and approved the following:
1. Audited Financial Results of the Bank for the quarter/ year ended March 31, 2018.
2. No Dividend is recommended by the Bank for the financial year 2017-18.
3. Raising of Capital of the Bank by way of issue of equity shares through Qualified Institutional Placement/ Follow-on Public Offer or such other securities as may be permitted under applicable laws subject to necessary approval/permissions, if required at an appropriate time.
The meeting of Board of Directors commenced at 04:15 P.M and concluded at 08.00 P.M

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Source : BSE - www.bseindia.com

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Published on May 22, 2018
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