PNB HOLDS EXTRA ORDINARY GENERAL MEETING
An Extra ordinary General meeting of Punjab National Bank was held on 31.8.2016 at New Delhi to approve the allotment of 16,43,70,768 shares of Rs.2 each at a premium of Rs.126.49 per share amounting to Rs. 2112 crores to Government of India. Addressing the shareholders, Managing Director and CEO, Ms Usha Ananthasubramanian, told the shareholders that post-issue, Government of India’s shareholding in the bank will increase from 62.08 % to 65.01%.” Both the EDs and two other Directors besides other senior officials of the Bank were present on the occasion.
