अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
cyfy
Home » IANS »
PNB’s Board to consider capital infusion of Rs 5,431 cr from government

PNB’s Board to consider capital infusion of Rs 5,431 cr from government

By IANS
Published on :
Mumbai, Sep 26 (IANS) Lender Punjab National Bank’s Board will consider a proposal for capital infusion of Rs 5,431 crore from the central government by way of preferential issue of equity share.

According to a BSE filing made on Wednesday, PNB’s Board of Directors will meet on September 27 “for considering infusion of Rs 5,431 crore by Government of India by way of preferential issue of equity share”.

In addition, the board will fix the date of an Extraordinary General Meeting (EGM) for obtaining “shareholders’ approval in this regard at a price determined in terms of SEBI (ICDR) Regulations”.

–IANS
rv/bg

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Latests Posts