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Bank Of India Gains Over 1% After Approving QIP Launch To Raise Capital

Shares of Coffer of India acclimatized 1.23 per cent college at Rs 65.70 apiece on the BSE.

Share amount of Coffer of India acquired added than one per cent on Thursday, August 26, a day afterwards the lath approved the barrage of able institutional placement (QIP) aimed at adopting capital. On Thursday, Coffer of India opened on the BSE at Rs 66.75, registering an after day aerial of Rs 66.50 and an after day low of Rs 65.05, throughout the trading affair today. Coffer of India's lath of admiral accustomed the barrage of QIP at a attic amount of Rs 66.19 per disinterestedness share, aimed at adopting Rs 3,000 crore disinterestedness capital.

The lath accustomed the attic amount of Rs. 66.19 per disinterestedness allotment for the affair beneath the bazaar regulator SEBI's Affair of Basic and Disclosure Requirements (ICDR) regulations, according to a authoritative filing by the coffer to the banal exchanges yesterday.

On the NSE, Coffer of India opened at Rs 65.75, affecting an after day aerial of Rs 66.35 and an after day low of Rs 65.10, in the affair today. 

On Thursday, shares of Coffer of India acclimatized 1.23 per cent college at Rs 65.70 apiece on the BSE.

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