Updates on Outcome of EGM
Punjab National Bank has submitted to BSE a copy of Minutes of the Extraordinary General Meeting (EGM) of shareholders of the Bank held on March 19, 2015.10-04-2015
10-04-2015
PNB MetLife forays into health insurance segment
The plan returns all the premiums paid in case there is no claim from the policy holder during the policy term and upon survival10-04-2015
Infusion of Capital by Govt. of India
Punjab National Bank has informed BSE that capital funds to the tune of Rs. 870 crore has been received from the Govt. of India on March 31, 2015 for Issue and allotment of 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.01-04-2015
EGM on May 15, 2015 (Cut-off date)
Punjab National Bank has informed BSE that the Board of the Bank has decided to hold an Extraordinary General Meeting (EGM) of shareholders on May 15, 2015 for election of shareholder Directors and has fixed April 10, 2015 as Cut-off Date for the purpose of ascertaining the eligibility of Shareholders to nominate and contest election of shareholder directors in the said Extraordinary General Meeting.31-03-2015
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, 2025.24-03-2015
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 20.03.2015.23-03-2015
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.20-03-2015
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".09-03-2015
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, 2015.02-03-2015
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, 2015.21-02-2015