Punjab National Bank (PNB), one of the leading public sector lenders in India, Punjab National Bank, witnessed a rise in share price on Friday after it announced that that the board of directors of the bank has approved the holding of EGM on Feb.13, 2015 and seeking shareholder approval for raising of equity capital by way of FPO/QIP/ESPS or in any combination thereof.

Further, the bank has been decided to fix Jan. 09, 2015 as cut-off date to ascertain entitlement of shareholders to receive notice, attend and vote at EGM and nominate candidates/contest election.

Shares of the bank are trading at Rs 224, up Rs 4.15, or 1.89%  at the Bombay Stock Exchange (BSE) on Friday at 11:37 a.m. The scrip has touched an intra-day high of Rs 224.40 and low of Rs 219.10. The total volume of shares traded at the BSE is 201,243.