Stay updated with breaking news from Relevant Date. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The board approved and adopted the preliminary placement document and the application form in connection with the QIP on August 17, a Canara Bank statement said
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 Rs 35.51 per equity share, PNB said in a regulatory filing. The capital raising committee of the b...
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 per equity share, PNB said in a regulatory filing. The bank may at its discretion offer a discount ...
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 equity share, PNB said in a regulatory filing. The bank may at its discretion offer a discount of not ...
Central Bank of India board approves preferential issue to Government of India