Bank of Rajasthan preferential issue to Indus Capital Partners and Max India

Bank of Rajasthan Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Bank held on November 30, 2007, have approved to issue 1.00 crore shares at a price of Rs 166.75 per share calculated as per SEBI guidelines, on preferential basis to M/s. Indus Capital Partners LLC New York and M/s. Max India Ltd.