Punjab National Bank has issued and allotted Rs1,500cr Tier - II (Basel III Compliant) Capital Bonds at a coupon of 8.15% p.a. on private placement basis.
The issue size is 15,000 bonds, with 5 allottees.
Punjab National Bank is currently trading at Rs65.85 up by Rs3.05 or 4.86% from its previous closing of Rs62.80 on the BSE.
The scrip opened at Rs63.30 and has touched a high and low of Rs65.95 and Rs63.30 respectively. So far 1,01,08,169 (NSE+BSE) shares were traded on the counter.
The current market cap of the company is Rs42,311.91cr.
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