
Investment30 Dec 2025, 11:42 am
Punjab & Sind Bank to Raise Equity Capital Up to Rs. 3000 Crore via QIP
AI Summary
Punjab & Sind Bank has scheduled an Extraordinary General Meeting (EGM) on January 21, 2026, to consider and approve raising of equity capital up to an amount of Rs. 3000 crore by way of QIP. The meeting will be held through Video of EGM Conferencing (VC) / Other Audio Visual Means (OAVM). The cut-off date for attendance at the meeting and voting (including remote e-voting) is January 14, 2026, and the period of remote e-voting is from 10:00 a.m. on Saturday, January 17, 2026, to 05:00 p.m. on Tuesday, January 20, 2026.
Key Highlights
- Punjab & Sind Bank to raise equity capital up to Rs. 3000 crore by way of QIP
- Extraordinary General Meeting (EGM) scheduled on January 21, 2026
- Meeting to be held through Video of EGM Conferencing (VC) / Other Audio Visual Means (OAVM)
- Cut-off date for attendance and voting is January 14, 2026
- Period of remote e-voting is from January 17, 2026, to January 20, 2026