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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...
16-02-2015
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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.
12-02-2015
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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.
10-02-2015
Bigul

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....
09-02-2015
Bigul

Infusion of Capital by Govt. of India

Punjab National Bank has informed BSE that the Govt. of India has decided to infuse capital funds to the tune of Rs. 870 crore (Eight hundred and seventy crore) in the Bank by way of preferential allotment of equity in favour of the Government of India by way of re-capitalisation for the year 2014-15.The bank has initiated all the necessary steps for approvals in this regard.
09-02-2015
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Limited Review for Dec 31, 2014

Punjab National Bank has submitted to BSE a Copy of the Limited Review Report for the period ended December 31, 2014.
03-02-2015
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Announces Q3 results

Punjab National Bank has announced the following results for the quarter ended December 31, 2014:The Unaudited results for the Quarter ended December 31, 2014The Bank has posted a net profit of Rs. 7745.60 million for the quarter ended December 31, 2014 as compared to Rs. 7554.10 million for the quarter ended December 31, 2013. Total Income has increased from Rs. 119223.00 million for the quarter ended December 31, 2013 to Rs. 129048.50...
03-02-2015
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Outcome of Board Meeting (EGM on March 19, 2015)

Punjab National Bank has informed BSE that Board in its meeting held on February 02, 2015 has approved the holding of EGM on March 19, 2015, at 10.30 A.M. at Punjab National Bank Auditorium, Central Staff College, 8, Underhill Road, Civil Lines, Delhi-110054 for Election of three Shareholder Directors of the Bank and seeking Shareholder approval for Raising of Equity Capital by way of FPO/QIP/ESPS and/or Preferential Issue (if the Govt. decides so), or in any combination thereof....
02-02-2015
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Change in Directorate

Punjab National Bank has informed BSE that the Central Government has nominated Shri. Rajesh Aggarwal, Joint Secretary, Department of Financial Services as Govt. Nominee Director on the Board of the Bank in place of Shri. Anurag Jain, under clause (b) of sub-section (3) of Section 9 of the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management & Miscellaneous...
29-01-2015
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Q3 results on Feb 03, 2015

Punjab National Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on February 03, 2015 to approve Reviewed/Unaudited Financial Results of the Bank for the Quarter/Nine Months ended December 31, 2014 (Q3).
19-01-2015
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