Punjab National Bank has informed that consequent upon receipt of capital funds to the tune of Rs 1732 crore from the Government of India on September 29, 2015, the Bank has issued and allotted 109,040,543 equity shares of face value of Rs 2 each at a premium of Rs 156.84 i.e. at a price of Rs 158.84 per equity share on preferential basis in accordance with Regulation 76(1) of SEBI (ICDR) Regulations.
The above information is a part of company’s filings submitted to BSE.