Thursday, March 29, 2012

VIJAYA BANK CONDUCTS ‘EXTRAORDINARY GENERAL MEETING(EGM)’ OF SHAREHOLDERS ON 26.3.2012

Extraordinary General Meeting(EGM) of the shareholders of Vijaya Bank was held at the Head Office in Bangalore. The meeting was presided over by Shri.HS Upendra Kamath, Chairman &Managing Director, Vijaya Bank in the presence of Smt.Shubhalakshmi Panse, Executive Director, Vijaya Bank and the Directors on the Board of the Bank.


The Meeting passed a special resolution in order to enable the Bank to make preferential allotment of equity shares to ‘Life Insurance Corporation of India’.

The Capital raised through the preferential route will be utilized to shore up the Capital adequacy of the Bank and to finance general business needs.

The meeting was attended by large number of shareholders of the Bank.

Sourced From: VIJAYA BANK