The company also stressed that the price was arrived at after due consideration and weighing of various relevant factors, and hence the pricing for the said preferential issue has been determined in compliance with the applicable law.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/pnb-housing-finance-says-pricing-for-rs-4000-cr-deal-in-line-with-mkt-practice-applicable-law/articleshow/83573747.cms
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