PUNJAB & SIND BANK - Board Meeting Intimation for Prior Intimation Of Board Meeting In Terms Of Regulation 29 And 50 Of SEBI (LODR) Regulations, 2015

PUNJAB & SIND BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/02/2024 ,inter alia, to consider and approve Pursuant to Regulation 29 (1) (d) and Regulation 50 (1) (d) of SEBI (LODR) Regulations, 2015, we wish to inform that a meeting of the Board of Directors of the Bank is scheduled to be held on Wednesday, 28th February, 2024 for, inter alia, considering the following agenda item: 1) To raise capital up to an amount and aggregating to Rs.2000 crore in any combinations(s) thereof and in one or more tranches within a period of 12 months from the date of approval by way of issue of: a) Equity shares through Public Issue (Follow on Public Offer) / Rights Issue / Qualified Institutional Placement(s) / Preferential Issue or any other mode of combination(s) thereof b) Bonds in the form of Basel III compliant Additional Tier I Bonds / Basel III compliant Tier II Bonds. The above information is submitted in compliance of Regulation 29 (1) (d) and Regulation 50 (1) (d) of SEBI (LODR) Regulations, 2015