Monday, August 4, 2008

Bank Of Rajasthan : Outcome Of AGM - Aug 04 , 2008

Bank of Rajasthan Ltd has informed that the shareholders at the 65th Annual General Meeting (AGM) of the Bank held on August 02, 2008, inter alia, have passed the resolutions as per Notice dated May 31, 2008 including following decisions:

1. Declared dividend @ 5% on the ordinary shares of the Bank.

2. Approved issue of 2,68,99,574 Bonus shares in the proportion of one bonus equity share for every five equity shares held by such persons on the Record date to be fixed in accordance with the requirement of Stock Exchanges.

3. Appointment of Shri. S B Mathur as Director of the Bank.

4. Appointment of Shri. Nitin Narotamdas Goel, Shri. Dharinder Kumar Tayal and Shri. Salil Kapoor as Directors of the Bank subject to approval of Reserve Bank of India.

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