Sensex surges more than 700 points led by gains in financial stocks
The BSE Sensex on Thursday was trading at 73,755 points, up by 758 points or 1.04 per cent, led by gains in the financial stocks.
Lending major State Bank of India (SBI) on Monday said that its paid-up capital has increased to Rs.863.20 crore after its recent share placement through QIP.
"Pursuant to the allotment of equity shares in the issue, the paid-up equity share capital of the bank stands increased from Rs.810,98,57,182 to Rs.863,20,50,393 comprising 863,20,50,363 equity shares of face value of Re 1 each," the company informed the BSE in a regulatory filing.
Last week, the lending major had allotted more than 52 crore shares of face value of Re 1 each at a price of Rs.287.25 per equity share aggregating to Rs 14,999 crore to 61 "successful eligible investors".
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