Punjab & Sind Bank holds 6th Annual General Meeting

Punjab & Sind Bank holds 6th Annual General Meeting

 

Punjab & Sind Bank, held its 6th Annual General Meeting (AGM) at  New Delhi. A large number of shareholders participated in the meeting . The Shareholders of the Bank discussed, approved & adopted the Balance Sheet as at 31.3.2016, Profit & Loss Account of the Bank for the year ended at that date, the Report of the Board of Directors on the working & activities of the Bank for the period covered & the Auditor’s report on Balance Sheet & Accounts. The shareholders also approved  Dividend @ Rs.1.65  per equity share on the face value of Rs.10/- for the Financial Year 2015-16. The  resolutions were passed  through e-voting/poll  by the shareholders.

Shri Jatinderbir Singh, IAS, Chairman & Managing Director of the Bank, briefed the shareholders on the performance of the Bank during 2015-16.

Shri Singh expressed gratitude to all the shareholders, Government of India, SEBI, RBI, Stock Exchanges for their continued guidance & support and thanked the customers of the Bank for their continued patronage.