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Board of Punjab & Sind Bank approves raising equity capital up to Rs 1000 cr

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Capital Market

At meeting held on 26 December 2017

The Board of Punjab & Sind Bank on 26 December 2017 have resolved and approved raising of equity capital aggregating up to Rs 1000 crore (Rupees One Thousand Crore) through Public Issue (Follow on Public Offer) / Right Issue / Qualified Institutional Placement(s) / Preferential Issue or any other mode or a combination(s) thereof in one or more tranches up to 31 March 2019.

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First Published: Jan 02 2018 | 7:09 PM IST

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