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Board of Punjab & Sind Bank to consider raising equity capital by way of QIP and preferential issue

Business Finance

Capital Market 

On 15 April 2020

The Board of Punjab & Sind Bank will meet on 15 April 2020 to consider and approve -

a. Raising of Equity Capital through QIP upto an amount of Rs.750 crore in one or more tranches within a period of 12 months.

b. Raising of Equity Capital by way of Preferential Issue upto an amount of Rs. 750 crore in one or more tranches.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, April 08 2020. 19:21 IST