BANKRAJAS

The Bank Of Rajasthan Ltd has submitted to the Exchange a copy of the disclosure u/s 302 of the Companies Act, 1956 for revision in terms and conditions of appointment of the Managing Director & CEO. 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).

The Bank Of Rajasthan Ltd has informed the Exchange that Shri Som Prakash Arya & Shri Sanjay Kumar Tayal have resigned from the directorship of the Bank and their resignations have been accepted by the Board of Director in its meeting held on March 24, 2006 with immediate effect.

The Bank Of Rajasthan Ltd has informed the Exchange that the Board of Directors in its meeting held on February 25, 2006, co-opted Shri P. N. Bhandari, Shri Maghraj Calla and Shri K. N. Bhandari as Additional Directors of the Bank.

The Bank Of Rajasthan Ltd has informed the Exchange that the BODs at its meeting held on January 18,2006 has approved rights issue in the ratio of 1:5 i.e. 1 share against 5 shares held on record date at a price of Rs.50/- per share i.e. Rs.10/- face value + Rs.40/- as share premium. Each right share will be attached with 5 warrants(1 warrant each of 5 series) entitling the warrant holders to subscribe for the share at a discount of 15% to the average market price of last one month subject to minimum of Rs.10+40=50/- per share.

The Bank Of Rajasthan Ltd has informed the Exchange that the Bank is going to issue of tier II bonds (Series IV) on private placement basis aggregating to Rs.70 crores for a period of 112/88 months at a coupon rate of 8.70% / 8.50% p.a. respectively. The issue will open on December 26, 2005 and will close on December 27, 2005. The Bank has further informed that ICRA & CARE awarded credit rating to the Bank's Tier II bonds (Series IV) as "LA-" (pronounced LA minus) & "A-" (A minus) respectively.

The Bank Of Rajasthan Ltd has informed the Exchange that The Calcutta Stock Exchange Association Ltd., vide their letter Dt. December 05, 2005 informed that they have approved delisting of Bank's shares from their Exchange w.e.f. March 30, 2005. Therefore, the bank's shares are now listed at Jaipur, Mumbai and National Stock Exchange of India Ltd..

The Bank Of Rajasthan Ltd has informed the Exchange that Shri. P.K.K. Krishnan & Shri. Amar Nath who were appointed as Additional Directors of the Bank by the Reserve Bank of India has been ceased to be a director of the Bank w.e.f. November 29, 2005.

The Bank Of Rajasthan Ltd has informed the Exchange that Dr. Akshey K. Gupta, Director of the Bank has expired on December 01, 2005.

The Bank Of Rajasthan Ltd has informed the Exchange that the Board of Directors in its meeting held on May 11, 2005 has taken following decisions in connection with the AGM of the Bank: 1. The AGM of the Company will be held on June 17, 2005. 2. The Register of Members and Share Transfer Books will remain closed from June 11, 2005 to June 17, 2005 (both days inclusive). 3. Approved to move resolutions for increasing in authorised capital from Rs. 150 crores to Rs. 250 crores. 4. Approved to move a resolution to seek approval of the shareholders under section 81(1A) for issuing, offering and al

The Bank Of Rajasthan Ltd has informed the Exchange that the Board at its meeting held on May 11, 2005, have recommended a dividend of 11% for the year 2004-2005.

The Bank Of Rajasthan Ltd has informed the Exchange that the Bank is exploring the possibilities of augmenting the capital base by allotment of equity shares on preferential basis to the extent of 14.99% to FIIs / mutual funds / private equity investors etc. The Bank has appointed M/S Edelweiss Capital Ltd., Mumbai as an Investment Banker to provide services for structuring and pricing the issue, conducting road shows, shortlisting of potential investors, providing due diligence support to investors and coordinating with various external agencies for pre & post commitment activities. The Bank