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PNB launches QIP issue

A special committee of the board fixed floor price for the qualified institutional placement (QIP) issue at Rs 35.51 per share.The capital raising committee of the board of Punjab National Bank (PNB) at its meeting held on Monday, 10 May 2021, authorized the opening of the QIP issue on 10 May 2021. The Relevant Date for the purpose of the QIP is 10 May 2021 and accordingly the floor price in respect of the aforesaid QIP, based on the pricing formula as prescribed under SEBI ICDR Regulations is ...
Punjab National Bank Relevant Date Annual General Meeting Capital Market பஞ்சாப் தேசிய வங்கி தொடர்புடையது தேதி

PNB to raise capital from share sale; sets floor price at Rs 35.51 per equity

PTI Photo Punjab National Bank (PNB) on Monday said its board has approved raising equity capital from qualified institutional investors to enhance its capital base. For the Qualified Institutional Placement (QIP) purposes, the bank has fixed the floor price at Rs 35.51 per equity share. The Relevant Date for the purpose of the QIP is May 10, 2021 and accordingly the floor price in respect of the aforesaid QIP, based on the pricing formula as prescribed under SEBI ICDR Regulations is Rs 35.51 p...
Capital Raising Committee Punjab National Bank Qualified Institutional Placement Relevant Date Qualified Institutional Book Running Lead Managers

PNB to raise equity capital from share sale; sets floor price at Rs 35.51

Punjab National Bank (PNB) on Monday said its board has approved raising equity capital from qualified institutional investors to enhance its capital base. For the Qualified Institutional Placement (QIP) purposes, the bank has fixed the floor price at Rs 35.51 per equity share. The Relevant Date for the purpose of the QIP is May 10, 2021 and accordingly the floor price in respect of the aforesaid QIP, based on the pricing formula as prescribed under SEBI ICDR Regulations is Rs 35.51 per equit...
Capital Raising Committee Punjab National Bank Qualified Institutional Placement Relevant Date Qualified Institutional Book Running Lead Managers

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