Date: 2014-05-02Category: Extra OrdinaryState: Union GovernmentCountry: India
CORRIGENDUM. In the notification of the Government of India, Ministry of Finance (Department of Financial Services) number S.O. 210(E), dated 21st January, 2014.
Executive Summary:
This document contains corrigendums to two notifications (S.O. 210E and S.O. 211E) issued by the Ministry of Finance, Department of Financial Services, on January 21, 2014. Both corrigendums pertain to the issue of equity shares of a bank. The publication date of these changes is May 1, 2014.
Key Points / Main Content:
Corrigendum to Notification S.O. 210E:
* Revises the number of equity shares for preferential allotment from 1,96,50,000 to 2,06,41,388.
* Amends the corresponding amount from Rs. 19,65,00,000 to Rs. 20,64,13,880.
Corrigendum to Notification S.O. 211E:
* Revises the number of equity shares under Qualified Institutional Placement (QIP) from 2,06,41,388 to 1,96,50,000.
* Amends the corresponding amount from Rs. 20,64,13,880 to Rs. 19,65,00,000.
Impact Analysis:
Government of India, Ministry of Finance, Department of Financial Services
Impact: Responsible for issuing the corrigendum to correct previously published notifications regarding equity share allotments.
Action Required: Ensure the corrected information is accurately reflected in all relevant records and communications.
Bank
Impact: The changes directly affect the bank's equity share issuance under preferential allotment and Qualified Institutional Placement (QIP).
Action Required: Update internal records to reflect the revised number of shares and amounts for both preferential allotment and QIP, and communicate these changes to relevant stakeholders.
Investors (Preferential Allotment and QIP)
Impact: Affected by the change in the number of equity shares being issued.
Action Required: Review investment portfolios to account for adjusted number of shares and amounts.
Key Entities Referenced
Ministry of Finance: A department of the Government of India responsible for financial matters.
Department of Financial Services: A department under the Ministry of Finance, Government of India.
New Delhi: The capital city of India, where the notification was issued.
Gazette of India: The official government gazette of India, in which the notification was published.
S.O. 210E: A specific notification number related to the issuance of equity shares.
S.O. 1191E: Notification regarding corrigendum related to preferential allotment of equity shares.
S.O. 211E: A specific notification number related to the issuance of equity shares under Qualified Institutional Placement (QIP).
Qualified Institutional Placement (QIP): A method for companies to raise capital without having to go through the usual regulatory requirements.
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तीथ(cid:29) राम, अवर सिचव
MINISTRY OF FINANCE
(Department of Financial Services)
CORRIGENDUM
New Delhi, the 1st May, 2014
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1848 GI/2014 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
Rs.19,65,00,000”, the words, “to the issue of Preferential allotment of equity shares of the Bank for issue of
2,06,41,388 equity shares of Rs. 10 each amounting to Rs. 20,64,13,880” shall be substituted and read.
[F. No.16/5/2013-BO-II)]
TIRTH RAM, Under Secy.
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जाएगा एवं इस %कार पढ जाएगा।
la- 16@5@2013& II
[फा. बीओ - ]
तीथ(cid:29) राम, अवर सिचव
CORRIGENDUM
New Delhi, the 1st May, 2014
S.O. 1192(E).—In the notification of the Government of India, Ministry of Finance (Department of
Financial Services) number S.O. 211(E), dated 21st January, 2014, published in the Gazette of India,
Extraordinary, Part II, Section 3, sub-section (ii), for the words, “to the issue of equity shares under Qualified
Institutional Placement (QIP) of the Bank for issue of 2,06,41,388 equity shares of Rs. 10 each amounting to
Rs. 20,64,13,880”, the words, “to the issue of equity shares under Qualified Institutional Placement (QIP) of
the Bank for issue of 1,96,50,000 equity shares of Rs. 10 each amounting to Rs. 19,65,00,000” shall be
substituted and read.
[F. No.16/5/2013-BO-II)
TIRTH RAM, Under Secy.
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.