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Punjab National Bank informs about infusion of capital by Govt. of India

30 Sep 2015 Evaluate

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.

Peers
Company Name CMP
State Bank Of India 991.10
PNB 116.60
Bank Of Baroda 234.50
Canara Bank 122.85
Union Bank Of India 177.60
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