Bank of Rajasthan (Delisted) share news and announcements

BSE: 500019

Last traded ₹212.10 on 23 Aug 2010

Delisted on 24 Sep 2010.

Last results date

The last board meeting held for results; the company has not yet given notice of the next.Bank of Rajasthan quarterly results

Aug13Fri

The board met on 13 Aug 2010 to consider un-audited financial results, results and others

Notice filed 3 Aug 2010

To approve inter-alia, the un-audited Financial Results for the Quarter ended on June 30, 2010.

Bank of Rajasthan annual reports, presentations and earnings calls

The company's own documents, latest first.Bank of Rajasthan financials, year by year

Annual reports13

Annual report, year to Mar 2010 (opens in a new tab)Filing day not known
Annual report, year to Mar 2009 (opens in a new tab)Filing day not known
Annual report, year to Mar 2008 (opens in a new tab)Filing day not known
Annual report, year to Mar 2007 (opens in a new tab)Filing day not known
Annual report, year to Mar 2006 (opens in a new tab)Filing day not known

8 earlier reports

Annual report, year to Mar 2005 (opens in a new tab)Filing day not known
Annual report, year to Mar 2004 (opens in a new tab)Filing day not known
Annual report, year to Mar 2003 (opens in a new tab)Filing day not known
Annual report, year to Mar 2002 (opens in a new tab)Filing day not known
Annual report, year to Mar 2001 (opens in a new tab)Filing day not known
Annual report, year to Mar 2000 (opens in a new tab)Filing day not known
Annual report, year to Mar 1999 (opens in a new tab)Filing day not known
Annual report, year to Mar 1998 (opens in a new tab)Filing day not known

Bank of Rajasthan share news and announcements

145 announcements, routine notices left out, newest first. Page 1 of 3.

Aug 2010
- 16 Aug · Suspension of trading in equity shares
  Members of the Exchange are hereby informed that the trading in equity shares of The Bank of Rajasthan Limited shall be suspended w.e.f. August 24, 2010 (i.e. closing hours of trading on August 23, 2010) on account of Scheme of Amalgamation with ICICI Bank Limited.
- 14 Aug · Corporate action
  August 25, 2010 has been fixed as the Record Date for the purpose of ascertaining the shareholders of The Bank of Rajasthan who shall be entitled to the shares of ICICI Bank Limited in the ratio of 25 equity shares of Rs. 10/- each of ICICI Bank Limited for every 118 equity shares of Rs. 10/- each held by them in The Bank of Rajasthan Limited. Further, ICICI Bank Limited has informed the Exchange that "RBI vide their letter number DBOD.No.PSBD.2603/16.01.128/2010-11 dated August 12, 2010 have conveyed that in case of dissenting shareholders of ICICI Bank Limited, they may be paid at the rate of Rs. 885.28 per share and in case of dissenting shareholders of Bank of Rajasthan Limited, they may be paid at the rate of Rs. 154.50 per share." Further, ICICI Bank Limited has submitted to the Exchange a copy of Note on Scheme of Amalgamation of Bank of Rajasthan with ICICI Bank Limited. (opens in a new tab)
- 14 Aug · Business
  It has fixed the Record Date on August 25, 2010 for the purpose of ascertaining the shareholders of The Bank of Rajasthan Ltd who shall be entitled .... (opens in a new tab)
- 13 Aug · Business
  Reserve Bank of India vide their Order dated August 12, 2010 has approved the scheme of amalgamation under the provisions of section 44A of the Banking Regulation Act, 1949 : (1) The effective date of amalgamation is close of business hours on August 12, 2010; (2) The RBI has fixed Rs. 154.50 per share as the price for the dissenting shareholders of Bank of Rajasthan Ltd.; (3) Pursuant to the order of amalgamation from RBI, Shri G. Padmanabhan, Managing Director & C.E.O. appointed by RBI with effect from November 20, 2009, has stepped down from August 13, 2010.
- 13 Aug · Business
  Reserve Bank of India vide their Order dated August 12, 2010 has approved the scheme of amalgamation under the provisions of section 44A ....
- 13 Aug · Board meeting
  Pursuant to the approval letter given by Reserve Bank of India to the merger of Bank of Rajasthan Ltd. with ICICI Bank Ltd., under the provisions ....
- 13 Aug · Board meeting Cancelled
  Pursuant to the approval letter given by Reserve Bank of India to the merger of Bank of Rajasthan Limited with ICICI Bank Ltd., under the provisions of Section 44A of the Banking Regulation Act, 1949, the Board Meeting scheduled to be held on August 13, 2010 to approve the Unaudited financial results for the quarter ended June 30, 2010 stands cancelled.
- 5 Aug · Board Meeting on Aug 13, 2010
  Meeting of the Board of Directors of the Bank will be held on August 13, 2010, inter alia, : 1. To approve the un-audited Financial ....
- 3 Aug · Board meeting
  To approve inter-alia, the un-audited Financial Results for the Quarter ended on June 30, 2010.
Jul 2010
- 23 Jul · Disclosure
  Bank of Rajasthan Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE: (opens in a new tab)
- 13 Jul · Disclosure
  Bank of Rajasthan Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE: (opens in a new tab)
- 12 Jul · Disclosure
  Bank of Rajasthan Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE (opens in a new tab)
- 12 Jul · Updates
  Vide its letter dated July 10, 2010 that "The appeal filed by ICICI Bank Limited against the Order dated 21st June, 2010 passed by the Learned Chief Judge, City Civil Court, Calcutta in T.S. No.2195 of 2010 (Satyabrata Das - Vs - The Bank of Rajasthan Ltd.) came up for hearing before the Hon'ble Justice Subhro Kamal Mukherjee and Hon'ble Justice Prabhat Kumar Dey of Calcutta High Court yesterday when after hearing the Counsel for the ICICI Bank, our Bank and other parties, Their Lordships were pleased to allow the appeal and set aside the order passed by the Learned City Civil Court on 21st June, 2010, inter-alia, on the grounds of jurisdiction."
- 12 Jul · Updates
  Appeal filed by ICICI Bank Ltd against the Order dated June 21, 2010 passed by the Learned Chief Judge, City Civil Court, Calcutta in T.S. .... (opens in a new tab)
- 8 Jul · Management
  Reserve Bank of India vide their letter dated July 01, 2010 have approved the appointment of M/s Kalyaniwalla & Mistry, Chartered Accountants, Mumbai as the Statutory Auditors of the Bank for the year 2010-11, subject to ratification by the Board and complying with other requirements of Companies Act.
- 8 Jul · Management
  Reserve Bank of India vide their letter dated July 01, 2010 have approved the appointment of M/s. Kalyaniwalla & Mistry, Chartered Accountants, ....
- 7 Jul · Disclosure
  Bank of Rajasthan Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE (opens in a new tab)
- 7 Jul · Disclosure
  Code of Conduct for Prevention of Insider Trading under the Provisions of SEBI (Prohibition of Insider Trading) Regulations, 1992. (opens in a new tab)
- 1 Jul · Disclosure
  Bank of Rajasthan Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE: (opens in a new tab)
- 1 Jul · Disclosure
  Code of Conduct for Prevention of Insider Trading under the Provisions of SEBI (Prohibition of Insider Trading) Regulations, 1992. (opens in a new tab)
Jun 2010
- 30 Jun · Disclosure
  Code of Conduct for Prevention of Insider Trading under the Provisions of SEBI (Prohibition of Insider Trading) Regulations, 1992. (opens in a new tab)
- 30 Jun · Disclosure
  Bank of Rajasthan Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE: (opens in a new tab)
- 30 Jun · Updates
  The Bank of Rajasthan Limited has fixed the Base Rate at 8% per annum with effect from 1st July, 2010
- 29 Jun · Fixing of Base Rate
  Bank has fixed the Base Rate at 8% per annum with effect from July 01, 2010.
- 24 Jun · Board meeting
  Board of Directors met today (i.e. June 24, 2010). The Meeting was chaired by one of the Independent Directors, Shri K. N. Bhandari. The Board thereafter decided to send the necessary application alongwith supporting documents for the merger process, to the Reserve Bank of India for their approval.
- 24 Jun · Board meeting
  Board of Directors of the Bank at its meeting held on June 24, 2010, decided to send the necessary application alongwith supporting documents ....
- 24 Jun · Board Meeting on June 24, 2010
  At the request of four directors, the Bank has called a Board of Directors meeting to be held on June 24, 2010 afternoon wherein the Board will ....
- 24 Jun · Board meeting
  At the request of four directors the Bank has called a Board of Directors meeting to be held today (i.e. June 24, 2010) afternoon wherein the Board will discuss the amalgamation related issues.
- 23 Jun · Updates
  Vide its letter dated June 23, 2010 that "The Hon'ble Calcutta High Court on 21st June, 2010 was pleased to stay the impugned order dated 21st June, 2010 passed by the Learned Chief Judge, City Civil Court, Calcutta in T.S. No.2195 (Satyabrata Das -Vs- Bank of Rajasthan). It is also to be noted that the details of the proceedings were fully known to us on the 22nd instant after court hours".
- 23 Jun · Meeting
  Hon'ble Calcutta High Court on June 21, 2010 was pleased to stay the impugned order dated June 21, 2010 passed by the Learned Chief Judge, .... (opens in a new tab)
- 21 Jun · Meeting
  Bank of Rajasthan Ltd had informed BSE regarding the Notice of the Extra-ordinary General Meeting (EGM) dated May 23, 2010 for holding the EGM on June 21, 2010 for passing Resolutions in ....
- 21 Jun · Meeting
  Bank Of Rajasthan Limited had informed the Exchange regarding the Notice of the Extra-ordinary General Meeting dated May 23, 2010 for holding the EGM on June 21, 2010 for passing Resolutions in connection with the amalgamation of the Bank of Rajasthan Ltd., in ICICI Bank Ltd., in terms of section 44A of the Banking Regulation Act, 1949. The Bank has now informed the Exchange that the Bank has received copy of letter dated June 21, 2010 from one Shri lshwar Chandra Sharma, Advocate, Howrah, informing the Bank about the restraint order passed by Hon'ble City Civil Court, at Calcutta, restraining the Bank from holding the EGM on June 21, 2010. This order was received by the Bank's Managing Director at around 12.50 PM, who after consulting the Bank's Solicitor, Fox Mandal, Kolkata, decided not to hold the meeting. Accordingly, the Company Secretary read out the contents of the letter from the Advocate, as above to the shareholders at the venue of the meeting and got this letter from the Advocate pasted at venue of the meeting and Managing Director and all other Officers of the Bank left the venue of the EGM.
- 14 Jun · Management
  Vide its letter dated June 12, 2010 that: "Reserve Bank of India vide their Speaking Order dated 11th June, 2010 (received by the Bank on 12th June 2010, at 10.50 a.m) in exercise of the powers under the provisions of sub-section (1) of Section 36AA of the Banking Regulation Act, 1949, have directed that Shri Deepak Saruparia shall stand removed from the post of Dy. Managing Director in Bank of Rajasthan Limited with immediate effect. It has been further added that under sub-section (4) of Section 36AA of the Banking Regulation Act, 1949 Shri Deepak Saruparia shall not in any way either directly or indirectly be concerned with or take part in the management of any Banking Company for a period of 5 years from today".
- 12 Jun · Management
  Reserve Bank of India vide their Speaking Order dated June 11, 2010, (received by the Bank on June 12, 2010) in exercise of the powers .... (opens in a new tab)
May 2010
- 28 May · Results
  Financial Results for the Quarter & Year ended March 31, 2010. (opens in a new tab)
- 27 May · Meeting
  Notice of the Extraordinary General Meeting of the Members of the Company scheduled to be held on June 21, 2010. (opens in a new tab)
- 27 May · Meeting
  An Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 21, 2010, to accept, the consent and approval of the .... (opens in a new tab)
- 24 May · Rating
  ICRA has done the review of credit of our Tier II Bonds. Earlier they had given rating with Negative outlook. Now vide their letter dated May 20, 2010 they have changed it to 'Rating watch with positive implication
- 24 May · Rating by ICRA - Tier II bonds
  ICRA, have done the review of credit rating for Bank's Tier II Bonds. Earlier they had given rating with Negative outlook. Now Vide their letter ....
- 24 May · Board meeting
  Vide its letter dated May 23, 2010 that: "Board of Directors in the meeting held on May 23, 2010, approved the following matters unanimously, wherein the five Directors namely S/Shri Shekhar Bhatnagar, A Madhavan, M.R. Vikram, V. Seshadri and G. Padmanabhan abstained from voting. Shri K.G. Kurian to whom leave of absence was granted, approved by E- Mail,: - (i) Scheme of Amalgamation of The Bank of Rajasthan Limited (Transferor Bank) with ICICI Bank Limited (Transferee Bank). (ii) Share Exchange Ratio was approved at 25 shares of ICICI Bank Limited equal, to 118 shares of Bank of Rajasthan Limited which works out to a swap ratio 1 : 4.72. (iii) Convene Extra Ordinary General Meeting of Shareholders on 21st June 2010 to approve amalgamation scheme in terms of Section 44A of Banking Regulation Act, 1949. " (opens in a new tab)
- 24 May · Board meeting
  Board of Directors of the Bank at its meeting held on May 23, 2010, has approved the following matters unanimously: 1. Scheme of Amalgamation .... (opens in a new tab)
- 19 May · Board meeting
  Board of Directors of the Bank at its meeting held on May 18, 2010, has given in- principle approval by majority, for an amalgamation of ....
- 18 May · Board meeting
  Board met today i.e. May 18, 2010, where in- principle approval by majority, was given for an amalgamation of The Bank of Rajasthan Limited (Transferor Bank) with ICICI Bank Limited (Transferee Bank) subject to receipt of valuation report from an independent valuer and other required approvals/permissions. The Board of Directors will meet again on May 23, 2010 in this matter.
- 18 May · Updates
  Bank has received a communication from Shri Sanjay Kumar Tayal, Director and related to Dominant Shareholding Group, requesting to convene ....
- 18 May · Updates
  Vide its letter dated May 18, 2010 that : "The Bank has received a communication from Shri Sanjay Kumar Tayal, Director and related to Dominant Shareholding Group, requesting to convene a Board meeting urgently on May 18, 2010 at 5.30 pm informing: - (1)That the dominant shareholders of the Bank of Rajasthan (Transferor Bank) have entered into an agreement today morning with the ICICI Bank (Transferee Bank) for proposing an amalgamation of both the Transferor bank and Transferee Bank (2) That the Transferee Bank is convening its Board of Directors meeting today for considering the proposed amalgamation and for approving several actions necessary for the process."
- 14 May · Management
  Shri Ved Prakash Khurana, an independent, non executive Director of the Bank has communicated vide his e-mail dated May 12, 2010 about his resignation from Directorship of the Bank of Rajasthan Limited with immediate effect for personal / health reasons. After the resignation of Shri V.P. Khurana, the total strength of the Board will be 15 comprising of - (1) One Managing Director appointed by Reserve Bank of India. (2) One Director belonging to Dominant Shareholders Group. (3) 13 Non-executive independent Directors out of which 4 Directors have been appointed by Reserve Bank of India.
- 14 May · Management
  Shri Ved Prakash Khurana, an independent non-executive Director of the Bank has communicated vide his dated May 12, 2010 about his resignation ....
- 10 May · Board meeting
  Board of Directors in the meeting held on May 09, 2010 considered the Audited Financial Results for the Quarter and Year ended on March 31, 2010. The Board deferred the approval of the Financial Results for the Quarter and Year ended on March 31, 2010. The Board will meet again on May 28, 2010 to approve the Audited Financial Results for the Quarter and Year ended on March 31, 2010.
Apr 2010
- 30 Apr · Board meeting
  To approve inter-alia, the Audited Financial Results for the Quarter and Year ended on March 31, 2010.
- 12 Apr · Results
  Bank will publish audited financial results for the year ended March 31, 2010 within a period of 60 days i.e. upto May 30, 2010 and will not publish un-audited financial results for the last quarter of 2009-2010 i.e. March, 2010.

How the price met the news

The first session after each announcement, beside the market.

That dayAgainst the Nifty 500Market median on that newsFive sessionsFive sessions against the Nifty 500Volume, times usual

25 May 2010Credit ratingdown 0.50%+2.1 pts vs Nifty 500market median 0.0% · five sessions +5.9% (+3.1 pts vs Nifty 500) · volume 2.6× usual
14 May 2010Board or managers changedup 0.50%+1.8 pts vs Nifty 500market median 0.0% · five sessions +65.3% (+68.9 pts vs Nifty 500) · volume 0.3× usual
20 Nov 2009Board or managers changedup 1.77%+0.8 pts vs Nifty 500market median 0.0% · five sessions −3.1% (−3.4 pts vs Nifty 500) · volume 1.7× usual
19 May 2009Board or managers changedup 14.44%−4.3 pts vs Nifty 500market median 0.0% · five sessions +39.9% (+17.8 pts vs Nifty 500) · volume 2.6× usual
11 May 2009Dividenddown 6.56%−4.9 pts vs Nifty 500market median 0.0% · five sessions +4.9% (−13.4 pts vs Nifty 500) · volume 0.8× usual
3 Nov 2008Board or managers changedup 6.91%+1.7 pts vs Nifty 500market median 0.0% · five sessions +6.4% (+2.5 pts vs Nifty 500) · volume 0.7× usual
2 Jun 2008Dividenddown 5.70%−3.0 pts vs Nifty 500market median 0.0% · five sessions −14.3% (−8.5 pts vs Nifty 500) · volume 1.4× usual
1 Apr 2008Board or managers changeddown 1.77%−1.5 pts vs Nifty 500market median 0.0% · five sessions −9.3% (−9.5 pts vs Nifty 500) · volume 0.4× usual
20 Dec 2007Board or managers changedup 0.43%+0.4 pts vs Nifty 500market median 0.0% · five sessions +2.6% (−3.7 pts vs Nifty 500) · volume 1.0× usual
14 May 2007Dividenddown 2.96%−4.3 pts vs Nifty 500market median 0.0% · five sessions −6.4% (−10.1 pts vs Nifty 500) · volume 3.9× usual

Sharp moves

17 of the 27 shown had no filing that day or the next.

MoveAgainst the Nifty 500Times its usual moveVolume, times usualFilings

19 May 20104 filingsup 20.00%+22.6 pts vs Nifty 5004.2× its usual move · volume 0.0× usual
18 May 20104 filingsup 19.95%+19.9 pts vs Nifty 5004.9× its usual move · volume 5.4× usual
5 May 2010No filing that day or the nextup 15.55%+15.7 pts vs Nifty 5004.5× its usual move · volume 8.1× usual
20 Apr 2010No filing that day or the nextup 14.00%+13.3 pts vs Nifty 5004.7× its usual move · volume 9.9× usual
1 Apr 2010No filing that day or the nextup 8.40%+7.7 pts vs Nifty 5003.4× its usual move · volume 1.3× usual
9 Mar 20102 filingsdown 6.66%−5.8 pts vs Nifty 5003.1× its usual move · volume 9.3× usual
13 Aug 2009No filing that day or the nextup 15.12%+11.9 pts vs Nifty 5003.0× its usual move · volume 4.7× usual
24 Jul 2009No filing that day or the nextup 19.98%+18.8 pts vs Nifty 5004.9× its usual move · volume 10.1× usual
19 May 20092 filingsup 14.44%−4.3 pts vs Nifty 5004.1× its usual move · volume 2.6× usual
17 Apr 20091 filingup 14.89%+14.2 pts vs Nifty 5004.8× its usual move · volume 13.6× usual

17 earlier moves

26 Mar 2009No filing that day or the nextup 13.75%+9.7 pts vs Nifty 5005.5× its usual move · volume 9.0× usual
10 Oct 2008No filing that day or the nextdown 13.49%−6.6 pts vs Nifty 5003.2× its usual move · volume 3.8× usual
6 Oct 2008No filing that day or the nextdown 13.15%−7.3 pts vs Nifty 5003.3× its usual move · volume 0.9× usual
30 Sep 2008No filing that day or the nextup 11.17%+9.5 pts vs Nifty 5003.0× its usual move · volume 1.4× usual
29 Sep 2008No filing that day or the nextdown 15.13%−11.4 pts vs Nifty 5004.6× its usual move · volume 1.8× usual
17 Sep 2008No filing that day or the nextup 10.15%+12.0 pts vs Nifty 5003.2× its usual move · volume 5.0× usual
26 May 20081 filingup 13.77%+15.6 pts vs Nifty 5003.6× its usual move · volume 14.2× usual
17 Mar 2008No filing that day or the nextdown 11.12%−5.3 pts vs Nifty 5001.9× its usual move · volume 0.2× usual
4 Mar 2008No filing that day or the nextdown 12.88%−10.6 pts vs Nifty 5002.4× its usual move · volume 0.6× usual
31 Jan 2008No filing that day or the nextup 10.14%+11.0 pts vs Nifty 5002.1× its usual move · volume 1.5× usual
23 Jan 20081 filingup 20.00%+13.2 pts vs Nifty 5004.8× its usual move · volume 0.6× usual
22 Jan 20081 filingdown 16.53%−9.9 pts vs Nifty 5004.6× its usual move · volume 3.6× usual
21 Jan 2008No filing that day or the nextdown 19.63%−9.5 pts vs Nifty 5007.2× its usual move · volume 0.8× usual
16 Oct 2007No filing that day or the nextup 10.62%+10.3 pts vs Nifty 5002.6× its usual move · volume 4.1× usual
15 Oct 2007No filing that day or the nextup 12.36%+8.6 pts vs Nifty 5003.2× its usual move · volume 9.3× usual
16 Aug 20072 filingsdown 16.04%−11.8 pts vs Nifty 5005.4× its usual move · volume 0.3× usual
11 May 20071 filingup 16.25%+16.0 pts vs Nifty 5004.5× its usual move · volume 14.9× usual

Last results date

Bank of Rajasthan annual reports, presentations and earnings calls

Annual reports13

Bank of Rajasthan share news and announcements

Aug 2010

Jul 2010

Jun 2010

May 2010

Apr 2010

How the price met the news

Sharp moves