Raising of Rs.1800 crores long term Bonds
Punjab National Bank has informed BSE that the Bank has raised Rs. 1800 crores Long term bonds for Infrastructure (Project) Finance and Affordable Housing in the nature of debentures at an annual coupon of 8.35% on private placement basis on March 24, 2015 and same will mature on March 24, 2025. Change in Directorate
Punjab National Bank has informed BSE that Shri M.N. Gopinath and Shri D.K. Singla, Directors in Shareholder Catgegory under Clause 3(i) of Section 9 of of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 ceased to be Directors on the Board of the Bank w.e.f. 21.03.2015 on completion of their tenure on 20.03.2015. Outcome of EGM (Clause 35A)
Punjab National Bank has informed BSE that the Extra Ordinary General Meeting (EGM) of the Bank was held on March 19, 2015, under Clause 35A. EGM to be held on March 19, 2015 - Deferment of Election of Shareholder Directors
Punjab National Bank has informed BSE regarding "Extraordinary General Meeting (EGM) of the Bank to be held on March 19, 2015 - Deferment of Election of Shareholder Directors". Cessation of Director
Punjab National Bank has informed BSE that Dr. Sunil Gupta, Shareholder director ceases to be Director on the Board of the Bank on resigning from this position vide his letter dated February 28, 2015. EGM on March 19, 2015
Punjab National Bank has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on March 19, 2015. Infusion of Capital by Govt. of India (EGM on March 19, 2015)
Punjab National Bank has informed BSE that consequent upon the decision of the Government of India (GoI) to infuse capital funds to the tune of Rs. 870 crore in the Bank during 2014-15, up to 4,42,07,317 equity shares of face value of Rs. 2/- each at a premium of Rs. 194.80 i.e. at a price of Rs. 196.80 per equity share on preferential basis in accordance with Regulation 76(1) of SEBI ICDR Regulations shall be issued subject to regulatory approvals... Raising of Rs. 1500 Crore through Basel III compliant Perpetual Debt Instruments
Punjab National Bank has informed BSE that the Bank has raised Rs. 1500 crore through Basel III compliant Perpetual Debt instruments in the nature of Debentures for inclusion in Additional Tier I Capital at an annual coupon of 9.15% p.a. with call option at the end of 10 years through Private placement and issue stands closed. Raising of Rs. 1000 crores long term Bonds
Punjab National Bank has informed BSE that the Bank has raised Rs. 1000 crores Long term Bonds at an annual coupon of 8.23% on Private Placement basis on February 09, 2015 through five arrangers. Change in Directorate
Punjab National Bank has informed BSE that Shri Gauri Shankar, Executive Director, is entrusted with the additional charge of the Managing Director &CEO; of the Bank for a period for 3 months with effect from the date he assumes charge of the post or till the date of appointment of regular incumbent or till further orders, whichever is the earliest in compliance of the Government of India, Ministry of Finance, Appointments Committee of Cabinet's order dated February 09, 2015....