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(18/04/2020 11:34)

Punj. & Sind Ban - Disclosure Under Regulation 30 Of Securities Exchange Board Of India (LODR) Regulations, 2015: Reporting O

Pursuant to the applicable provisions of SEBI (LODR) Regulations and the materiality policy of the Bank we inform as under:

In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and having regard to the Bank's policy on determination and disclosures of material events, it is informed that a NPA Account, viz. M/s Golden Jubilee Hotels Private Limited with book outstanding of Rs.86.40 crore and 100% provisioning has been declared as fraud and reported to RBI as per regulatory requirement.

This is in compliance with the regulation 30 of SEBI (LODR) Regulations, 2015.

Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....................issued in the interest of investors.
KYC is one-time exercise while dealing in securities markets -> Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.