Investment12 May 2026, 07:21 pm
Bank of India Infuses ₹22.64 Cr in ASREC, Stake Rises to 27.30%
AI Summary
Bank of India has infused ₹22.64 Crores into its associate company, ASREC (India) Ltd. Following this capital infusion, Bank of India's equity stake in ASREC (India) Ltd has increased from 26.02% to 27.30%. The announcement was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
Key Highlights
- Bank of India invests ₹22.64 Cr in ASREC (India) Ltd.
- Bank of India's stake in ASREC rises to 27.30%.
- The investment is made as per SEBI (LODR) Regulations, 2015.
- ASREC (India) Ltd is an associate of Bank of India.