Punjab & Sind Bank to hold EGM on Jan 21, 2026, to approve ₹3,000 crore QIP
Punjab & Sind Bank (PSB) has announced an Extraordinary General Meeting (EGM) of its shareholders, scheduled to be held on Wednesday, January 21, 2026, at 11:00 a.m. through Video Conferencing (VC) / ...
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Why is Punjab & Sind Bank in the news today?
Punjab & Sind Bank (PSB) is in the news due to the announcement is a routine corporate action regarding a meeting to approve capital raising. it does not contain any immediate positive or negative financial performance indicators.
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Punjab & Sind Bank to hold EGM on Jan 21, 2026, to approve ₹3,000 crore QIP
December 30, 2025, 06:07 AM
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Punjab & Sind Bank (PSB) has announced an Extraordinary General Meeting (EGM) of its shareholders, scheduled to be held on Wednesday, January 21, 2026, at 11:00 a.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
The primary business to be transacted at the EGM is to consider and approve the raising of equity capital up to an amount of ₹3,000 crore by way of Qualified Institutional Placement (QIP).
The cut-off date for determining the eligibility of shareholders to attend the meeting and vote (including remote e-voting) is Wednesday, January 14, 2026. The period for remote e-voting will be from 10:00 a.m. on Saturday, January 17, 2026, to 05:00 p.m. on Tuesday, January 20, 2026.
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