PNB allots 65,25,919 Equity Shares on preferential basis in favour of Govt. of India

Punjab National Bank has on receipt of allotment money of Rs. 6,54,99,99,641.11 from Govt. of India, the Bank has allotted 65,25,919 Equity Shares of the face value of Rs. 10/- each at a premium of Rs. 993.69 to Govt. India on preferential basis.

The Punjab National Bank stock was trading at Rs.938.35, up by Rs.12.30 or 1.33%. The stock hit an intraday high of Rs.942 and low of Rs.929.15.

The total traded quantity was 9934 compared to 2 week average of 47294.

Source : Equity Bulls

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