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S&P
BSE SENSEX
74,482.78
-188.50
-0.25 %
Corporate Announcement
Security Code
532191
Company
STATE BANK OF TRAVANCORE
Exchange Received Time
30/03/2017 21:26:24
Exchange Disseminated Time
30/03/2017 21:26:28
Time Taken
00:00:04
Updates |
3/30/2017 9:26:25 PM
We refer to our letter nos.: SBD/StExs/Bonds/1253 dated 14/02/2017 and SBD/StExs/Bonds/1310 dated 18/02/2017 regarding intention of the Bank for raising upto Rs.600 Crores by way of issue of Additional Tier I Bonds. Pursuant to Para A of Part A of Schedule III under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations,2015 we inform that the Bank has, today(30/03/2017) allotted 3000 Basel III compliant unlisted, non-convertible, perpetual, unsecured, subordinated, fully paid-up, Additional Tier 1 Bonds, for inclusion in Tier 1 Capital of the Bank, in the nature of debentures of face value of Rs. 10.00 Lakhs each aggregating to Rs.300 Crores at a coupon rate of 9% per annum on private placement basis with call option on 30th March,2022. Kindly arrange to take the above information on record.
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