Punjab National Bank has informed that a meeting of the board of directors of the company will be held on January 30, 2012, to consider and approve issuance of equity shares of face value of Rs. 10 each at such price as may be decided as per SEBI (ICDR) Regulations, 2009 on preferential basis in favor of Government of India, subject to necessary approvals.
The above information is part of company’s filing submitted to the BSE.