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BSE SENSEX
74,482.78
-188.50
-0.25 %
Corporate Announcement
Security Code
532191
Company
State Bank of Travancore
Exchange Received Time
03/03/2017 19:28:17
Exchange Disseminated Time
03/03/2017 19:28:25
Time Taken
00:00:08
Record Date: 17Th March, 2017 |
03/03/17 19:28
This is to inform you that Executive Committee of Board of Directors of State Bank of Travancore has fixed 17/03/2017 as Record Date for issue of shares of SBI to eligible shareholders of SBT who are entitled to receive 22 equity shares of Face Value of Re.1 each of State Bank of India fully paid up for every 10 equity shares of Face Value of Rs.10 each held by them in SBT, pursuant to 'Acquisition of State Bank of Travancore Order, 2017' (the Order) issued by the Government of India in Gazette Notification No: GSR 160(E) dt. 22/02/2017. The Order shall come into force from 01/04/2017 (Effective Date).As per Clause 6(c) of above Order, trading in the shares of SBT shall cease on Record Date (17/03/2017) & shares of SBT shall be delisted from stock exchanges & entire share capital of SBT shall without any further act, deed or instrument, stand cancelled & share certificates representing such shares shall be automatically cancelled, extinguished & be of no effect on & from 01/04/2017
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