Punjab & Sind Bank has informed that a meeting of the Board of Directors of the Bank is scheduled to be held on Monday, June 12, 2023 for, considering the proposal for raising of capital through issuance of Basel-111 compliant Additional Tier-1 Bonds or Tier-IT Bonds up to an amount of Rs.750 crore, in one or more tranches within a period of 12 months from the date of approval.
The above information is a part of company’s filings submitted to BSE.