• The above results have been taken on record by the Board of Directors at their meeting held on January 29,2001.
• Govt. of India, vide notification dated June 5,2000 and corrigendum dated June 7,2000, converted (out of its holding of 485.58 million equity shares of Rs.10/- each of the Bank) 247 million equity shares into 247 million fully paid-up redeemable preference shares of Rs.10/- each aggregating Rs.2470 million carrying dividend @ 13% p.a. Consequently, the paid-up equity capital of the Bank was reduced on June 5,2000 by Rs.2470 million and Preference capital was credited by Rs.2470 million on June 5,2000.
• 18,074,300 partly paid-up equity shares of face value of Rs. 10/- each were forfeited on August 25, 2000. Consequently, (i) the aggregate face value of Rs. 180,743,000 has been reduced from the Subscribed and Paid-up Equity Capital, (ii) Allotment money in Arrears of Rs. 135,557,250 has been written down fully and (iii) Capital Reserve Account has been credited by Rs. 45,185,750 being the amount actually paid-up on the forfeited shares.
• Shareholders, at the Extra-ordinary General Meeting held on January 23, 2001 approved the proposal to issue bonus shares in the ratio of three shares for every five shares held, for which record date has been fixed as February 26, 2001