PUNJAB NATIONAL BANK - 532461 - Disclosure Under Regulation 30 Of Securities Exchange Board Of India (LODR) Regulations, 2015
The Bank has received a communication from Ministry of Finance, Government of India vide its letter no. F. No. 7/93/2019-BOA.1 dated 30.08.2019 that the Alternative Mechanism (AM) after consultation with Reserve Bank of India (RBI), has decided that the Punjab National Bank, Oriental Bank of Commerce and United Bank of India may consider the amalgamation of the Oriental Bank of Commerce and United Bank of India into Punjab National Bank. Accordingly, a meeting of Board of Directors to consider the amalgamation will be convened by the Bank shortly. This is in compliance with the regulation 30 of SEBI (LODR) Regulations, 2015.31-08-2019