Sub Total (B)
70,917,264
24.18
70,917,264
19.47
Others
Private Corporate Bodies
3,203,488
1.09
3,203,488
0.88
Indian Public
20,321,917
6.92
20,321,917
5.58
NRIs/OCBs
2,532,832
0.86
2,532,832
0.69
Trade Unions/Trusts/Clearing Members/HUFs
289,999
0.09
289,999
0.08
Sub Total (C)
26,348,236
8.98
26,348,236
7.23
Total pre issue share capital (D=A+B+C)
293,265,500
100.00
-
-
Public Issue (E)
-
-
71,000,000
19.49
Total post-Issue share capital (F=D+E)
-
-
364,265,500
100.00
#
Our Promoter is the President of India, acting through the MoF, GoI, which holds 66.83% of the pre-Issue paid
up equity share capital of our Bank and will hold at least 53.81% of the fully diluted post Issue paid up equity
share capital of our Bank.
*
The break up of the Equity Shares allotted pursuant to the Issue not included.
6.
Our Bank applied to the GoI for its consent to a fresh issue of up to 90 million Equity Shares by its letter bearing
number BCC:CMD:956 dated September 21, 2004. The GoI, Ministry of Finance, Department of Economic Affairs
(Banking Division) has granted its approval for the present Issue of 71,000,000 shares, through its letter no.
F.No.11/31/2004-BOA dated February 11, 2005, inter alia on the conditions that the holding of GoI shall not fall
below 51% at any point of time and allotment to Non-Residents, if any, will be subject to the prior approval of the
Exchange Control Department of RBI and should be within the ceiling of 20% of the paid-up capital or any lower
ceiling that may be notified by the Government of India under sub-section (2D) of the Section 3 of the Banking
Companies (Acquisition and Transfer of Undertakings) Act, 1980.
Our Bank has applied to the Chief General Manager, Exchange Department (Foreign Investment Division) by letters
dated August 24, 2005 and August 29, 2005 seeking approval of the RBI to issue Equity Shares under this Issue
to the public including NRIs and FIIs with repatriation benefits. The RBI has through its letter FE.CO.FID/4781/
10.02.40(9107)/2005-06 dated September 2, 2005, permitted the Bank to issue shares to Non-Residents (except
erstwhile OCBs) with repatriation benefits out of the issue of Equity Shares of Rs. 10 each amounting to Rs. 710
million. The permission is subject to ensuring that the post Issue non-resident equity holding in the Bank shall not
exceed 20% of the post Issue paid up capital. The permission is further subject to conditions laid down by the
Government of India in their approval F.No.11/31/2004-BOA dated February 11, 2005, conditions prescribed by
SEBI and terms and conditions for issue of shares as stipulated in Schedule 1 and 2 to RBI Notification No.
FEMA.20/2000-RB dated May 3, 2000, as amended from time to time.
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