Punjab & Sind Bank to hold EGM for ₹3,000 crore QIP fundraise

Punjab & Sind Bank announced an extraordinary general meeting (EGM) to be held on Wednesday, January 21, 2026, at 11:00 a.m. The meeting, conducted via video conferencing (VC) or other audio visual means (OAVM), seeks shareholder approval for issuing equity shares through a qualified institutional placement. The bank aims to raise up to ₹3,000 crore through this issuance.

This decision follows the board's approval of the capital/fund-raising plan on October 16, 2025. The full notice for the meeting will be issued shortly, with e-mail notifications sent to all shareholders holding shares as of December 26, 2025. The announcement was made in compliance with SEBI (LODR) Regulations, 2015.