MYSOREBANK

MYSOREBANK: Members of the Exchange are hereby informed that the trading in Securities of State Bank of Mysore shall be suspended w.e.f. March 16, 2017 (i.e. closing hours of trading on March 15, 2017) on account of Scheme of Amalgamation.

Significant increase in volume has been observed in State Bank of Mysore. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. State Bank of Mysore has submitted their response.

News Verification : The media had reports that . "SBI to merge five subsidiary banks with itself as it prepares to fund the economy.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. has vide its letter inter-alia stated, "No such proposal has been taken up by our Bank at the moment. There is no such information that has not been announced to the Stock Exchanges, which could explain the aforesaid movement in the trading. Going forw