Allahabad Bank (Delisted) share news and announcements

BSE: 532480

Last traded ₹7.60 on 19 Mar 2020

Delisted on 27 May 2020.

Allahabad Bank share news and announcements

1,457 announcements, routine notices left out, newest first. Page 28 of 30.

  1. Jun 2009

    • 16 Jun · Management

      Bank has received only (1) valid application for contesting the election against one casual vacancy of shareholders' director as detailed below:- Name: Dr. Vasant Baburao Kaujalgi ,S/O Shri Baburao G Kaujalgi, Address: N 220 Ushas Apt. 16 Main, 4 Block, Jayanagar , Bangalore 560011. In view of this Dr.Vasant Baburao Kaujalgi is deemed to have been elected as Director representing shareholders forthwith and shall hold office till June 29,2011.In view of the above , there shall not be any election as set out in item No. 4 of the Notice for convening AGM.

  2. May 2009

    • 25 May · Meeting

      Notice of the Annual General Meeting of the company to be held on June 15, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 11 May · Election of Directors

      The Board of Directors of the Bank has decided to fill the casual vacancy of shareholders' director through election in the forthcoming Annual General Meeting to be held on 15-06-2009. The cut off date for eligibility of the shareholders to participate in the election shall be 20-05-2009

    • 4 May · Business

      Press release regarding performance of the Bank for the quarter and year ended on March 31, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 4 May · Meeting

      Board of Directors of the Bank at its meeting held on May 04, 2009 has, inter alia approved as under: 1) Recommended dividend @25% on Equity Share Capital i.e. Rs.2.50 per share of Rs.10 each. 2) That The Annual General Meeting will be held on June 15, 2009. 3) That The Register of Members and Share Transfer Books of the Bank will remain closed from May 21, 2009 to June 15, 2009 (both days inclusive).

    • 4 May · Results

      Standalone Results for the quarter ended on 31-MAR-2009 as follows: Interest earned of Rs. 191510.54 lacs for the quarter ending on 31-MAR-2009 against Rs. 172001.05 lacs for the quarter ending on 31-MAR-2008. Interest expended of Rs. 132259.99 lacs for the quarter ending on 31-MAR-2009 against Rs. 127745.9 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 26408.51 lacs for the quarter ending on 31-MAR-2009 against Rs. 16950.71 lacs for the quarter ending on 31-MAR-2008.

    • 4 May · Results

      Consolidated Results for the year ended on 31-MAR-2009 as follows: Interest earned of Rs. 736481 lacs for the year ending on 31-MAR-2009 against Rs. 627967 lacs for the year ending on 31-MAR-2008. Interest expended of Rs. 520587 lacs for the year ending on 31-MAR-2009 against Rs. 449888 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 79047 lacs for the year ending on 31-MAR-2009 against Rs. 99398 lacs for the year ending on 31-MAR-2008.

    • 4 May · Results

      Standalone Results for the year ended on 31-MAR-2009 as follows: Interest earned of Rs. 736472.79 lacs for the year ending on 31-MAR-2009 against Rs. 627966.77 lacs for the year ending on 31-MAR-2008. Interest expended of Rs. 520606.13 lacs for the year ending on 31-MAR-2009 against Rs. 449887.95 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 76859.81 lacs for the year ending on 31-MAR-2009 against Rs. 97474.24 lacs for the year ending on 31-MAR-2008.

  3. Apr 2009

    • 24 Apr · Board meeting

      Inter-alia to consider and approve the following: (1) Audited Financial Statements of the Bank for the 4th quarter and year ended March 31, 2009. (2) Recommendation of Dividend, if any (3) Annual Book Closure. (4) To decide the date of Annual General Meeting and approve its Notice.

    • 22 Apr · Disclosure

      Disclosure pursuant to Regulation 8A (4) of the SEBI (Substantial Acquisition of Shares and Takeover) ,Regulations, 1997. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 2 Apr · Management

      Shri. Dina Nath Kumar has been appointed as Company Secretary of the Bank. Shri. Dina Nath Kumar will act as Company Secretary of the Bank w.e.f. April 02, 2009 in place of Shri. S.L. Jain.

  4. Mar 2009

    • 30 Mar · Updates

      The Bank has decided to reduce its Benchmark Prime Lending Rate (BPLR) by 25 basis points i.e. from 12.50% to 12.25% w.e.f. 01-04-2009. Further, Bank has also realigned interest rate on term deposit for various maturity periods w.e.f. 01-04-2009

    • 26 Mar · Issue of bonds

      Issue of the Subordinated Perpetual Bonds (Innovative Perpetual Debt Instruments) (Series I) was opened on March 19, 2009 and the scheduled issue closing date was on March 27, 2009. Due to oversubscription i.e. receipt of subscription amount of Rs 150.00 crores, the Bank has pre-closed the issue w.e.f. March 25, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 24 Mar · Issue of bonds

      Issue of Unsecured Subordinated Bonds (Tier II Series VIII ) of Allahabad Bank was opened on March 18, 2009 and the scheduled issue closing date on March 26, 2009. Due to receipt of full subscription amount of Rs 400 crores, the Bank has pre-closed the issue w.e.f. March 20, 2009. Deemed date of allotment for the Bonds shall however remain unchanged as March 26, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 19 Mar · Issue of bonds

      Issue of its Upper Tier II Bonds (Debt Capital Instruments) (Series I) was opened on March 19, 2009 and closed on March 19, 2009. The Bank has allotted the Bonds to the applicant(s) on date. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 9 Mar · Rating

      "CRISIL and CARE have rated our proposed Upper Tier II Bonds to the extent of Rs.500.00 crore and Subordinated Bonds (Lower Tier II) to the extent of Rs. 400.00 crore". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  5. Jan 2009

    • 23 Jan · Management

      Shri Yash Paul Mahajan, Shareholders' Director of the Bank has ceased to be the Director of the Bank in terms of Banking Regulation Act, 1949

    • 19 Jan · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the nine months ended on December 31, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 19 Jan · Business

      Press release regarding performance of the Bank for the quarter and nine months period ended December 31, 2008. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 19 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2008 as follows: Interest earned of Rs. 189804.45 lacs for the quarter ending on 31-DEC-2008 against Rs. 158348.98 lacs for the quarter ending on 31-DEC-2007. Interest expended of Rs. 129390.46 lacs for the quarter ending on 31-DEC-2008 against Rs. 113821.39 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. 36946.94 lacs for the quarter ending on 31-DEC-2008 against Rs. 36505.05 lacs for the quarter ending on 31-DEC-2007.

    • 19 Jan · Rating

      Crisil vide their letter No. MR/FSR/ALLHBAN/2008-09/1429 dated 16-01-2009 has assigned "AA/Stable" (pronounced "double A with stable outlook") rating to our proposed Rs.400.00 crore Upper Tier II Bonds

    • 7 Jan · Board meeting

      Meeting on 19 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”

    • 5 Jan · Management

      Bank had appointed M/s Sudit K Parekh & Co. as one of the Statutory Central Auditors in place of M/s N. Chaudhuri & Co. Further, the list of Auditors for the year 2008-09 shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 5 Jan · Updates

      The Bank has decided to reduce its Benchmark Prime Lending Rate (BPLR) by 75 basis points i.e. from 13.25% to 12.50% w.e.f. 05-01-2009

  6. Dec 2008

    • 30 Dec · Disclosure

      Life Insurance Corporation of India vide letter no. Inv/Back office dated 26-12-2008 reported having purchased 26 lac shares on 22-12-2008 and as a result their holding in Paid up Capital of our Bank has crossed the level of 10%". Further the Bank has informed that: "As per section 3(2e) of the Banking Companies (Acquisition & Transfer of Undertakings)Act, 1970, the voting rights of shareholders other than Central Government is restricted to 1% of the shareholding, as such the voting right of the LIC will be restricted to 1% of the shareholding as against 10.33%.

    • 24 Dec · Management

      Consequent upon the transfer of Shri M.M. Neogy, General Manager, Shri A. B. Bhattacharjee, General Manager (Finance & Accounts) has been designated as Compliance Officer of the Bank

  7. Nov 2008

    • 25 Nov · Rating

      CRISIL vide their letter dated 21-Nov-2008 has reaffirmed "AA/stable" (pronounced "Double A" with stable outlook) ratings for our existing Tier II Bonds having series V, VI & VII aggregating to Rs. 1561.90 crores and for our proposed Perpetual Bond of Rs. 300.00 crores. Further CRISIL also reaffirmed "P1+" (Pronounced P one plus ) rating for our existing 1000.00 crore Certificate of Deposit. Credit Analysis & Research Ltd. (CARE ) has also retained "CARE AA+" ( Double A plus ) ratings for our existing Tier II Bonds having series IV, V, VI, & VII aggregating Rs. 1761.90 crores and revalidated the "CARE AA" (Double A) rating of our proposed Perpetual Debt of Rs. 300.00 crores and assigned "CARE AA" ( Double A) ratings for our proposed Upper Tier II Bond of Rs. 400.00 crores.

    • 7 Nov · Updates

      Bank has decided to cut its Benchmark Prime Lending Rate (BPLR) by 75 basis points i.e. from the present rate of 14.00% to 13.25% w.e.f. 10-11-2008

  8. Oct 2008

    • 31 Oct · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the half-year ended on September 30, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 23 Oct · Business

      Press release titled "Allahabad Bank Crosses Rs.125000 Crore Business". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 18 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2008 as follows: Interest earned of Rs. 355157.8 lacs for the half year ending on 30-SEP-2008 against Rs. 297616.75 lacs for the half year ending on 30-SEP-2007. Interest expended of Rs. 258955.69 lacs for the half year ending on 30-SEP-2008 against Rs. 208320.66 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 13504.36 lacs for the half year ending on 30-SEP-2008 against Rs. 44018.49 lacs for the half year ending on 30-SEP-2007.

    • 18 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2008 as follows: Interest earned of Rs. 184595.96 lacs for the quarter ending on 30-SEP-2008 against Rs. 153570.81 lacs for the quarter ending on 30-SEP-2007. Interest expended of Rs. 135244.17 lacs for the quarter ending on 30-SEP-2008 against Rs. 109386.65 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 4168.27 lacs for the quarter ending on 30-SEP-2008 against Rs. 23978.85 lacs for the quarter ending on 30-SEP-2007.

    • 14 Oct · Memorandum of Understanding

      Vide its letter dated October 14, 2008 that "On date Bank has entered into an MOU with Kotak Mahindra Old Mutual Life Insurance Ltd for providing group insurance coverage to the educational loan borrowers of the Bank."

    • 10 Oct · Board meeting

      To consider and approve the Un-audited Financial results of the Bank for the quarter and half year ended on September 30, 2008.

    • 3 Oct · Updates

      Vide its letter dated October 03, 2008 that "On date Bank has entered in to corporate agency arrangement with Universal Sompo General Insurance Co. Ltd. for providing general insurance products to the customers of the Bank w.e.f. 1st November, 2008. It is worth mentioning here that the existing tie up with National Insurance Company Ltd for distribution of general insurance products through our branches would be terminated w.e.f. 31st October, 2008".

  9. Aug 2008

    • 8 Aug · Updates

      Board of Directors of the Bank in its meeting dated August 08, 2008 has approved upward revision in BPLR (Benchmark Prime Lending Rate) from existing rate of 13.50% to 14% w.e.f. August 08, 2008. However, the above change in BPLR will not be passed on to the existing Housing Loan, Personal Loan, Education and Car / Auto Loan customers. Moreover, the above change in BPLR will also be not applicable to the new housing loans up to Rs. 30 lacs.

    • 4 Aug · Management

      In exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies ( Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause (3) and sub clause 8 of the Nationalised Banks ( Management and Miscellaneous Provisions ) Scheme, 1970/1980, the Central Government, in consultation with Reserve bank of India, hereby appoints Shri K.R. Kamath as Chairman & Managing Director; Allahabad Bank for a period of five years on and from 02-08-2008 or until further orders whichever is earlier

  10. Jul 2008

    • 24 Jul · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the Quarter ended on June 30, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 21 Jul · Updates

      Government of India, Ministry of Finance, Department of Financial Services vide notification no. F. No. 20/17/2006-BO.I dated 4th July, 2008 advised Shri K. K. Agarwal, Executive Director of the Bank to coordinate the day-to-day affairs of the Bank from 01-07-2008 i.e. the date from which Shri A.C Mahajan ceased to be a Chairman & Managing Director of the Bank until the date of new incumbent joins or until further orders, whichever is earlier. However, the financial and administrative powers of the CMD shall be exercised by the Board of Directors/ Management Committee of the Board during the period

    • 18 Jul · Business

      Press release dated July 18, 2008 titled "Allahabad Bank Maintains its Surge Forward". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 18 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2008 as follows: Interest earned of Rs. 173260.16 lacs for the quarter ending on 30-JUN-2008 against Rs. 144045.94 lacs for the quarter ending on 30-JUN-2007. Interest expended of Rs. 123711.52 lacs for the quarter ending on 30-JUN-2008 against Rs. 98934 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 9336.09 lacs for the quarter ending on 30-JUN-2008 against Rs. 20039.63 lacs for the quarter ending on 30-JUN-2007.

    • 7 Jul · Board meeting

      Meeting on 18 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”

    • 2 Jul · Memorandum of Understanding

      Vide its letter dated July 02, 2008, that : "Bank has signed an MOU with TATA AIG Life Insurance Company Limited on date for providing Mortgage Term Insurance facilities to the Housing Loan customers of the Bank. This arrangement is in addition to the existing Griha Mongal Scheme of the Bank providing similar coverage to the Housing Loan borrowers of the Bank under Tie-up arrangements with LICI".

    • 1 Jul · Miscellaneous

      Following three directors representing shareholders have assumed the office on date for a period of three years until they resign or ceased to be a director. 1) Shri Asok Kumar Mohapatra 2) Shri Deveshwer Kumar Kapila 3) Shri Yash Paul Mahajan

  11. Jun 2008

    • 30 Jun · Management

      Government of India, Ministry of Finance, Department of Financial Services vide notification F. No. 9/18/2007-BO-I dated June 25, 2008 appointed Shri A.C. Mahajan Chairman & Managing Director of the Bank as Chairman & Managing Director of Canara Bank from the date of his taking charges on or after July 01, 2008. Accordingly, Shri A.C Mahajan ceases to be the Chairman & Managing Director of Allahabad Bank as at the close of business on date.

    • 30 Jun · Meeting

      Proceedings of the Annual General Meeting of the Bank held on June 16, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 30 Jun · Business

      Press release dated June 30, 2008, titled "Allahabad Bank Increases BPLR and Deposit Interest Rates". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 18 Jun · Meeting

      Allahabad Bank had informed the Exchange regarding convening the Extra Ordinary General Meeting of the Shareholders of the Bank on June 25, 2008 for election up to 3 (three) shareholders directors. The Bank has now informed the Exchange that out of all the nominations received, the following 3 (three) shareholders were left for contesting the election. (1) Name :- Shri Asok Kumar Mohapatra; S/O :- Shri Dhuna Chandra Mohapatra. (2) Name :- Shri Deveshwer Kumar Kapila; S/O :- Late Ashwini Kumar Kapila. (3) Name :- Shri Yash Paul Mahajan; S/O :- Late Amar Nath Mahajan. Since there are only 3( three) nomination left for contesting the election against the 3 (three) vacancies of Directors representing shareholders, the above three contestants are deemed to have been elected as Director representing shareholders of the Bank. The aforesaid three candidates will assume the office from June 30, 2008 in terms of provisions of the appropriate laws as applicable. In view of this, the Extraordinary General Meeting convened for the purpose on June 25, 2008 stands cancelled.

    • 13 Jun · Dividend

      Board of Directors of the Bank in its meeting held on June 13, 2008 have decided to recommend an increase dividend @35% for the financial year 2007-08 instead of 30% recommended earlier. The Bank has further informed the Exchange that due to enhancement of the dividend from 30% to 35% for the year 2007-08, the meeting of the Board of Directors of the Bank is scheduled to be held on date i.e. June 13, 2008 to consider and approve the revised Audited Financial statements of the Bank for the year ended March 31, 2008

    • 13 Jun · Dividend

      We are approaching the Board of Directors of the Bank for revision in dividend for the year 2007-08.