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Indian Overseas Bank’s Board has approved raising of funds up to Rs 5,000 crore through an FPO, rights issue, QIP, or preferential issue in one or more tranches. Further, the Board also approved the issuance of 10 crore shares to employees and the issue of BASEL III-compliant Tier II bonds up to a maximum extent of Rs 1,000 crore, with or without a green shoe option.
FPO, rights issue, QIP, or preferential issue in one or more tranches to take place
22 May 2026, 4:50PMNet profit for the quarter came in at Rs 23,467 crore
22 May 2026, 3:12PML&T wins order for Power Transmission & Distribution Business in Saudi Arabia
29-10-2025 10:13:15The ePlane Company signs MOU with Ramco Systems
27-10-2025 12:42:39Refex Industries gets an order worth Rs. 300 Cr from a mining entity in Jharkhand
24-10-2025 13:57:18Diwali Stocks Picks 2025
