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| Exchange Disseminated Time 28/07/2016 12:47:58 | Punjab National Bank has informed BSE that the Board of Directors of the Bank at its meeting held on July 28, 2016, approved convening of Extra Ordinary General Meeting (EGM) of the shareholders of the Bank on Wednesday, August 31, 2016 for approval of shareholders for issuance and allotment of such number of equity shares of face value of Rs. 2/- each to Gol on preferential basis at a price to be determined as on the 'Relevant Date', in terms of Regulation 76(1) of SEBI (ICDR) Regulations to the tune of Rs. 2,112 crore (Rupees Two thousand one hundred twelve crore), subject to applicable Regulatory provisions.
- Relevant Date for determination of the Issue Price is July 29, 2016.
- Further August 24, 2016 shall be the cut off date for determining the eligibility of shareholders to exercise voting on agenda items. |
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