ReferIndia News Punjab & Sind Bank Schedules EGM on January 21, 2026 for ₹3,000 Crore Equity Capital Raising Through QIP

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Punjab & Sind Bank Schedules EGM on January 21, 2026 for ₹3,000 Crore Equity Capital Raising Through QIP

Published on: Dec. 30, 2025, 11:48 a.m. | Source: scanx.trade

Punjab & Sind Bank has scheduled an Extraordinary General Meeting for January 21, 2026, to seek shareholder approval for raising equity capital up to ₹3,000 crores through Qualified Institutional Placement. The meeting will be conducted via video conferencing with remote e-voting available from January 17-20, 2026. The capital raising aims to meet Basel III requirements, comply with minimum public shareholding norms, and support general business growth.

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