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| Exchange Disseminated Time | Punjab National Bank has informed BSE that consequent upon the decision of the Government of India (GoI) to infuse capital funds to the tune of Rs. 870 crore in the Bank during 2014-15, up to 4,42,07,317 equity shares of face value of Rs. 2/- each at a premium of Rs. 194.80 i.e. at a price of Rs. 196.80 per equity share on preferential basis in accordance with Regulation 76(1) of SEBI ICDR Regulations shall be issued subject to regulatory approvals including approval of shareholders in the EGM to be held on March 19, 2015.
The Issue price has been determined in accordance with Regulation 76(1) of SEBI ICDR Regulations. The relevant date for ascertaining the issue price is February 16, 2015. |
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