With reference to the earlier announcement dated March 28, 2011 regarding Outcome of EGM now the Punjab National Bank has informed BSE about the following:
"The shareholders of the Bank in the Extra-ordinary General Meeting held on March 28, 2011, approved Issuance / Allotment of 15,09,657 Equity Shares of Rs. 10/- each at a premium of Rs. 1208/82 per share aggregating to Rs. 184 crore (i.e. issue price of Rs. 1218/82 per Equity Share) unanimously (by a Special Resolution), in favour of Government of India on preferential basis, subject to necessary approvals."
Sensex
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Monday, March 28, 2011
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