Board of directors of Catholic Syrian Bank has decided to offer 15084406 equity shares of Rs. 10/- each for cash at a premium of Rs. 65/- per share to existing equity shareholders of the bank in the ratio of one equity share for every three existing equity shares held on the record date on right basis.
The issue opened on 6 march 2015 and will close on 20 March 2015.
The bank will dispatch the letter of offer and the composite application form to eligible shareholders before the date of opening of right issue.
Who didn't receive the letter on time can contact the Company Secretary.