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Dena Bank board approves raising share capital through equities

Dena Bank has said that its board has provided its approval to raise share capital by up to Rs 360 crore through issuing equity shares.

Dena Bank has said in a BSE filing that “The Board of Directors… has approved raising of share capital (including premium) of the bank up to amount of Rs 360 crore by issue of equity shares via FPO/rights issue /QIP/ preferential/Employee Stock Purchase Scheme etc. at appropriate time.”

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