Punjab National Bank allots equity shares to Govt. of India
On preferential basis
Punjab National Bank announced that consequent upon receipt of capital funds to the tune of Rs. 2112 crore from the Government of India on 14 September 2016, the Bank has issued and allotted 16,43,70,768 equity shares of face value of Rs 2/- each at a premium of Rs. 126.49 i.e. at a price of Rs. 128.49 per equity share on preferential basis in accordance with Regulation 76(1) of SEBI ICDR Regulations.Powered by Capital Market - Live News
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First Published: Sep 15 2016 | 7:48 PM IST