Issuance of Equity Capital on preferential basis to Government of India (EGM on December 16, 2013)

Punjab National Bank has informed BSE that Chairman & Managing Director of the Bank, as per authority delegated by the Board, has approved the following:

- Issuance of Equity Shares of face value of Rs. 10/- each for an amount upto Rs. 500 crore, at such price as may be decided as per SEBI (ICDR) Regulations, 2009, on preferential basis in favour of Government of India, subject to necessary approvals.

- Holding of EGM of Shareholders of the Bank on December 16, 2013 at 11.00 AM at Punjab National Bank Auditorium, Central Staff College, 8, Under Hill Road, Civil Lines, Delhi-110054 for the purpose of seeking approval of Shareholders for issuance of Equity Shares on preferential basis in favour of Govt. of India.

- Fixed November 15, 2013 as cut-off date to attend and vote at the EGM.

Source : BSE - >

Published on October 28, 2013


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