The state-run lender, Punjab National Bank (PNB), informed the investors and exchanges of its plan to convene a board meeting later this month to decide capital raising plans through debt instruments for the Financial Year 2022-2023.
Even though the bank has not released any estimates for the amount of capital to be raised, the stock remained in focus in today’s trade.
The company has scheduled its meeting on March 29, 2022.
The shares of PNB opened at Rs35.70 per piece in today’s trade. It was last seen at Rs35.40, down by 0.84% against its previous closing price of Rs35.70. So far in the day, it has touched a high and low of Rs35.85 and Rs35.30 respectively.
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