PUNJAB & SIND BANK - Punjab & Sind Bank - Board Meeting Dated 12.11.2020: <BR> Reporting Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure<BR> Requirements) Regulations, 2015<BR>
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| 12 Nov 2020 | |
| We wish to inform that the Board of Directors of Punjab & Sind Bank at its meeting held on 12.11.2020, resolved and approved the following:<BR> 1. Unaudited, Reviewed Financial Results for the Quarter (Q2) / Half Year ended September 30, 2020.<BR> <BR> 2. To offer, issue, create and allot Equity shares aggregating up to Rs.6000 crore (including premium) by way of Follow on Public Offer (FPO) / Right Issue / Qualified Institutional Placement(s) / Preferential Issue or any other mode or a combination(s) thereof in one or more tranches within a period of 12 months. This includes the previous approval to raise an amount of Rs.500 crore by way of QIP.<BR> <BR> 3. To increase the Authorized Equity Share Capital of the Bank from Rs.3000 crore to Rs.10000 crore.<BR> We are forwarding a copy of Reviewed Un-audited Financial Results, Segment Reporting and Limited Review by Auditors. | |
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