ING Vysya Bank Preferential Issue to QIB cleared

ING Vysya Bank Preferential Issue is placed to the Qualified Institutional Buyers at a price of Rs 310 per share which would be Rs. 29 discount on the average price of ING Vysya Bank shares.

ING Vysya Bank has raised around Rs 232 crore through the QIBs and these preferential allotments were cleared by the Bank’s EGM last week.

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