Mar 10, 2008

Corporate News 9th March 2008

ICICI Bank - Allotment of equity shares under ESOS

ICICI Bank Ltd has informed that the Bank has allotted 12,495 equity shares of face value of Rs 10/- each on March 03, 2008 under the Employees Stock Option Scheme, 2000 (ESOS).


BoB to waive Rs 1000 cr farm loans

Kolkata: Country's major public sector lender Bank of Baroda (BoB) expects to waive Rs 1,000 crore farm loan in pursuance of the loan waiver scheme announced by the Finance Minister P Chidambaram in the budget. The finance minister in his budget speech promised to waive Rs 60,000 crore of agriculture loans to give relief to the farmers. The AMC venture would be with Pioneer Global Investment, part of the Italy's biggest bank, Unicredit. The foreign partner for life insurance would be UK-based Legal & General.


Satyam Computer Services allots equity shares

New Delhi:The committee of Satyam Computer Services has allotted 77,981 equity shares under stock option plans of the company through circular resolution on 06 March 2008.Consequent to the above allotment, the paid up share capital of the company has gone up from 670,210,086 equity shares of Rs 2 each aggregating Rs 1,340,420,172 to 670,288,067 equity shares of Rs 2/- each aggregating Rs 1,340,576,134.This was approved by the committee of directors on 07 March 2008.


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