Ca­nara Bank’s Rights Is­sue to Open on Mar 2

The Economic Times - - Finance & Commodities -

Ca­nara Bank’s .₹ 1,124 crore rights is­sue will open on March 2 and the pro­ceeds will be utilised for busi­ness growth. The bank will is­sue over 5,42,99,105 eq­uity shares of .₹ 10 each for cash at .₹ 207 per scrip for an amount of up to .₹ 1,123.99 crore to the ex­ist­ing in­vestors.

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