“ The Board of Directors of the Bank will endeavor to decide and announce to the CSE the basis of allotments within seven (07) Market Days from the Closure Date.
A written confirmation informing successful Applicants on their allotment of Shares in issue will be dispatched not later than ten (10) Market Days from the Closure Date as required by the CSE. “
Which means the bank could announce the allotment even after 7 days. Note :- That it says the bank will endeavor to decide and announce .
The allotment announcement is already overdue and It could get further delayed as per the above.
What do you all think ?