Share holding pattern of Centurion Bank of Punjab

After the merger the share holding of Bank of Punjab (BoP) promoters will shrink to 5%.The family of Darshanjit Singh which promoted BoP currently holds 15.62%, while associates hold another 11.40%.the promoter stake will now fall down to around 5% and for associate that would be7-8%.

The major stakeholder of the centurion bank, bank of Muscat's stake will fall to 20.5% from 25.91%, Keppel's stake will be at 9% from current level of 11.33% and Rana talwar's saber capital will have a stake of 4.4% as against 5.61%.

The promoters of the BoP and major stakeholders of centurion bank will have a combine stake of around 42% in the merged entity- centurion Bank of the Punjab.

Merger of Centurion Bank and Bank of Punjab... Click here
Highlights of the merger ... Click here
Financials of Centurion Bank of Punjab ... Click here
Gains from the merger ... Click here

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