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Bank of India to allot preferential shares to govt for Rs 3,000 cr capital infusion Synopsis "The board of directors of the bank will be considering preferential allotment of equity shares of Rs 3,000 crore to Government of India after obtention of shareholder's approval in the extra ordinary general meeting and other related regulatory approvals. The bank on March 31 had informed about getting Rs 3,000 crore capital infusion from the government. Related NSE Explore Now NEW DELHI: State-run Bank of India on Monday said it has convened an extra-ordinary general meeting (EGM) of shareholders th...

Gautam Guha elected as PNB’s second shareholder director March 17, 2021 × Delhi-based Gautam Guha has been elected as the second shareholder director of Punjab National Bank, the country’s second largest public sector bank. Guha polled the maximum votes at the Extraordinary General Meeting (EGM) of shareholders held on Wednesday, filings made by the bank with stock exchanges revealed. Three persons (all aged 66 years) — Gautam Guha, Padmanabhan AA (from Chennai) and Ramesh Chandra Agrawal (from Prayagraj) — were in the fray for being elected as the second shareholder director at th...

Brazil's Petrobras will hold a virtual extraordinary general meeting on April 12 at which a change of chief executive and an election of new board directors will be discussed, the state-run oil firm said in a securities filing on Thursday.

Texmaco to issue equity shares amounting to ₹115 cr on preferential basis March 01, 2021 Texmaco registered office at Belgharia× Texmaco Rail & Engineering Ltd plans to issue equity shares amounting to ₹115 crore on a preferential basis to the promoters. The company’s board has approved the issuance of shares on preferential basis at a meeting on Monday. An extraordinary general meeting of shareholders would be held through video conferencing mode on March 25 to seek their approval for the proposed issue, the company said in a notification to the BSE on Monday. “For the purpose of g...

Punjab & Sind Bank will allot preferential shares to the government next month in lieu of Rs 5,500 crore capital infusion into the bank