Punjab & Sind Bank Schedules EGM on Jan 21, 2026, for ₹3000 Crore QIP Approval
Punjab & Sind Bank (PSB) has announced that an Extraordinary General Meeting (EGM) of its shareholders will be held on Wednesday, January 21, 2026, commencing at 11:00 a.m. The meeting will be conduct...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Punjab & Sind Bank in the news today?
Punjab & Sind Bank (PSB) is in the news due to the announcement is a routine procedural update regarding a capital raising plan and the scheduling of a shareholder meeting. it does not contain performance-related information that would indicate a positive or negative sentiment.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Punjab & Sind Bank Schedules EGM on Jan 21, 2026, for ₹3000 Crore QIP Approval
December 23, 2025, 11:04 AM
Top Queries to Ask About Punjab & Sind Bank
Punjab & Sind Bank (PSB) has announced that an Extraordinary General Meeting (EGM) of its shareholders will be held on Wednesday, January 21, 2026, commencing at 11:00 a.m. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
The primary purpose of this EGM is to seek shareholder approval for the bank's plan to raise capital through a Qualified Institutional Placement (QIP). The bank intends to issue equity shares via QIP to raise an amount up to ₹3000 crore.
This announcement follows a previous intimation on October 16, 2025, where the Board of Directors had approved the bank's capital or fund-raising plan. The full notice of the EGM will be disseminated in due course and will be sent via email to all shareholders of record as of December 26, 2025. This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap