Share price at the NSE close on 23 Oct 2026. Previous close ₹20.35.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹12,921 Cr371st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 17 Oct 2026
- 8.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 17 Oct 2026
- 0.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.14%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 17 Oct 2026
- 10.7%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 2.46%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Sep 2026.
- 2.09%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Sep 2026.
- 0.61%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Sep 2026.
- 15.49%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 0.78%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 76,58,88347.8% delivered
Punjab & Sind Bank board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing director and CEOSwarup Kumar Saha
- Company Secretary and Compliance OfficerSaket Mehrotra
6 directors1 independent3 executive2 non-executive
- Swarup Kumar Saha · Chairperson and managing director and CEOExecutive · joined Jun 2022 · reappointed Jun 2025 · 48 months as independent · 1 listed board
- Ravi MehraExecutive · joined Oct 2023 · reappointed Oct 2023 · 33 months as independent · 1 listed board · 1 committee seat
- RajeevaExecutive · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 1 listed board · 1 committee seat
- Jitendra AsatiNominee, non-executive · joined Sep 2025 · reappointed Sep 2025 · 11 months as independent · 2 listed boards · 2 committee seats, 1 as chair
- Vivek SrivastavaNominee, non-executive · joined Dec 2024 · reappointed Dec 2024 · 18 months as independent · 1 listed board · 1 committee seat
- Rajendra Prasad GuptaIndependent · joined Jun 2024 · reappointed Jun 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
4 directors who left
- Shankar Lal Agarwal, left 10 Apr 2026: Tenure Completion
- M G Jayasree, left 9 Sep 2025: Others
- K P Patnaik, left 12 Dec 2024: Others
- Charan Singh, left 6 Nov 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 Jun 20266 of 6 present1 independent · 9 days in between
- 12 Jun 20266 of 6 present1 independent · 45 days in between
- 27 Apr 20266 of 6 present1 independent · 1 day in between
- 25 Apr 20266 of 6 present1 independent · 14 days in between
5 earlier meetings
- 10 Apr 20267 of 7 present2 independent · 16 days in between
- 24 Mar 20267 of 7 present2 independent · 14 days in between
- 9 Mar 20267 of 7 present2 independent · 26 days in between
- 10 Feb 20266 of 7 present2 independent · 23 days in between
- 17 Jan 20267 of 7 present2 independent
Audit Committee
Rajendra Prasad Gupta, Vivek Srivastava
- 10 Apr 20263 of 3 present2 independent · 10 days in between
- 30 Mar 20263 of 3 present2 independent · 3 days in between
- 26 Mar 20263 of 3 present2 independent · 27 days in between
- 26 Feb 20263 of 3 present2 independent · 39 days in between
1 earlier meeting
- 17 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Rajendra Prasad Gupta
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Jitendra Asati
Ravi Mehra, Rajeeva, Rajendra Prasad Gupta
- 16 Jun 20264 of 4 present1 independent · 84 days in between
- 23 Mar 20264 of 4 present1 independent
Risk Management Committee
Chair Rajendra Prasad Gupta
Swarup Kumar Saha, Jitendra Asati
- 10 Apr 20264 of 4 present2 independent · 22 days in between
- 18 Mar 20264 of 4 present2 independent · 18 days in between
- 27 Feb 20264 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Mar 2026.
- M/s S P Chopra & CoPeer-review certificate valid to Aug 2027
- M/s Gupta Sharma & AssociatesPeer-review certificate valid to Mar 2027
- M/s N B S & CoPeer-review certificate valid to Aug 2027
- M/s O P Totla & CoPeer-review certificate valid to Jan 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Punjab & Sind Bank AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Punjab & Sind Bank dividend history
Annual general meeting, 28 Jul 2026
2,26,412 shareholders on the register on 21 Jul 2026; present: 1 promoter and 76 others; votes counted by S N Viswanathan / S N Ananthasubramanian & Co.The company's voting result (opens in a new tab)
To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2026, Profit and Loss Account of the Bank for the year ended 31st March 2026, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditor’s Report on the Balance Sheet and Accounts.MoreLess
Ordinary99.90% for0.10% againstAgainst: promoters 0.00% · institutions 5.80% · other public 15.47%
Turnout: all 95.41% · promoters 100.00% · institutions 39.46% · other public 0.22%
- To declare dividend for the Financial Year 2025-26.Ordinary99.93% for0.07% against
Against: promoters 0.00% · institutions 4.46% · other public 15.44%
Turnout: all 95.41% · promoters 100.00% · institutions 39.46% · other public 0.22%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 21 Jan 2026, 2 resolutions
2,27,224 shareholders on the register on 14 Jan 2026; present: 1 promoter and 37 others; votes counted by S N Viswanathan / S N Ananthasubramanian & Co.The company's voting result (opens in a new tab)
- To seek approval to raise equity capital up to an amount of Rs.3000 crore by way of Qualified Institutions Placement (QIP) by way of Special ResolutionSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 26.95%
Turnout: all 95.46% · promoters 100.00% · institutions 38.67% · other public 0.08%
To seek approval of appointment of Shri Jitendra Asati as the Government of India Nominee Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Ordinary Resolution.MoreLess
Ordinary99.84% for0.16% againstAgainst: promoters 0.00% · institutions 9.37% · other public 27.62%
Turnout: all 95.46% · promoters 100.00% · institutions 38.67% · other public 0.08%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 5 Aug 2025, 7 resolutions
2,26,999 shareholders on the register on 29 Jul 2025; present: 1 promoter and 61 others; votes counted by S N Viswanathan / S N Ananthasubramanian & Co.The company's voting result (opens in a new tab)
To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2025, Profit and Loss Account of the Bank for the year ended 31st March 2025, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditor’s Report on the Balance Sheet and Accounts.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 9.26%
Turnout: all 95.46% · promoters 100.00% · institutions 37.87% · other public 0.14%
- To declare dividend for the Financial Year 2024-25.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 8.56%
Turnout: all 95.46% · promoters 100.00% · institutions 37.87% · other public 0.14%
To seek approval of appointment of Shri Rajeeva as the Executive Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Ordinary Resolutions.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.31% · other public 15.30%
Turnout: all 95.46% · promoters 100.00% · institutions 37.87% · other public 0.14%
To seek approval of appointment of Shri Vivek Srivastava as the RBI Nominee Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Ordinary Resolution.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.31% · other public 15.55%
Turnout: all 95.46% · promoters 100.00% · institutions 37.87% · other public 0.14%
To seek approval of reappointment of Shri Shankar Lal Agarwal as the Part-time Non-Official Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Special Resolution.MoreLess
Special99.93% for0.07% againstAgainst: promoters 0.00% · institutions 4.05% · other public 17.56%
Turnout: all 95.46% · promoters 100.00% · institutions 37.87% · other public 0.14%
To seek approval of extension of tenure of Shri Swarup Kumar Saha as the Managing Director and Chief Executive Officer of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Ordinary Resolution.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 24.78%
Turnout: all 95.46% · promoters 100.00% · institutions 37.87% · other public 0.14%
To seek approval for Appointment of M/s R S Kathuria & Co, Practising Company Secretary as the Secretarial Auditor for carrying out Secretarial Audit and Issuance of Annual Secretarial Compliance Report for a term of 5 (five) years from FY 2025-26 to FY 2029-30 by way of Ordinary Resolution.MoreLess
Ordinary99.94% for0.06% againstAgainst: promoters 0.00% · institutions 3.74% · other public 17.43%
Turnout: all 95.46% · promoters 100.00% · institutions 37.87% · other public 0.14%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 24 Jul 2024, 2 resolutions
Present: 1 promoter and 45 others.The company's voting result (opens in a new tab)
To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2024, Profit and Loss Account of the Bank for the year ended 31st March 2024, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditor’s Report on the Balance Sheet and Accounts.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.68%
Turnout: all 98.90% · promoters 100.00% · institutions 99.50% · other public 0.51%
- To declare dividend for the Financial Year 2023-24.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.56%
Turnout: all 98.90% · promoters 100.00% · institutions 99.50% · other public 0.51%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 31 May 2024, 4 resolutions
Present: 1 promoter and 19 others.The company's voting result (opens in a new tab)
- Election of Shareholder Director: Shri Suresh Chand GargSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.00% · promoters 0.00% · institutions 0.04% · other public 0.14%
- Election of Shareholder Director: Shri Rajendra Prasad GuptaSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.65% · promoters 0.00% · institutions 99.26% · other public 0.04%
- To seek approval of appointment of Shri Ravi Mehra, as Executive Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 6.65%
Turnout: all 98.90% · promoters 100.00% · institutions 99.58% · other public 0.21%
- To raise equity capital up an amount of Rs.2000 crore through Qualified Institutions Placement.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.18%
Turnout: all 98.90% · promoters 100.00% · institutions 99.58% · other public 0.21%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 11 Jul 2023, 7 resolutions
Present: 1 promoter and 37 others.The company's voting result (opens in a new tab)
- To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2023, Profit and Loss Account of the Bank for the year ended 31st March 2023nOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 98.91% · promoters 100.00% · institutions 99.13% · other public 0.19%
- To declare dividend for the Financial Year 2022-23Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 98.91% · promoters 100.00% · institutions 99.13% · other public 0.19%
- Issue of Equity Shares by way of Qualified Institutional PlacementSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.91%
Turnout: all 98.91% · promoters 100.00% · institutions 99.13% · other public 0.19%
- Appointment of Dr. Charan Singh, as part-time Non-Official Director as well as Non-Executive Chairman of the BankSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 3.21% · other public 17.03%
Turnout: all 98.91% · promoters 100.00% · institutions 99.13% · other public 0.19%
- Appointment of Ms. M G Jayasree, as Government of India Nominee Director of the BankOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 3.21% · other public 1.22%
Turnout: all 98.91% · promoters 100.00% · institutions 99.13% · other public 0.19%
- Appointment of Ms. Rshmi Khetrapal, as part-time Non-Official Director of the BankSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 3.21% · other public 17.29%
Turnout: all 98.91% · promoters 100.00% · institutions 99.13% · other public 0.19%
- Appointment of Shri Swarup Kumar Saha, as Managing Director and Chief Executive Officer of the BankOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 3.21% · other public 1.53%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 12 Jul 2022, 2 resolutions
Present: 1 promoter and 18 others.The company's voting result (opens in a new tab)
To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2022, Profit and Loss Account of the Bank for the year ended 31st March 2022, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditor’s Report on the Balance Sheet and AccountsMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.81%
Turnout: all 98.28% · promoters 100.00% · institutions 4.52% · other public 0.18%
- To declare dividend for the Financial Year 2021-22Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 7.81%
Turnout: all 98.28% · promoters 100.00% · institutions 4.52% · other public 0.18%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 31 Mar 2022, 1 resolution
Present: 1 promoter and 14 others.The company's voting result (opens in a new tab)
To create, offer, issue and allot 2,72,51,18,483 (Two Hundred and Seventy Two Crore Fifty One Lakh Eighteen Thousand Four Hundred and Eighty Three only) equity shares of Rs. 10 each for cash at an issue price of Rs.16.88 per equity share (including premium of Rs.6.88 per equity share) aggregating to Rs.4600 crore (Rupees Four Thousand Six Hundred crore only) on preferential basis to Government of IndiaMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 12.44%
Turnout: all 98.12% · promoters 100.00% · institutions 97.31% · other public 0.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 28 Jul 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)
To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2026, Profit and Loss Account of the Bank for the year ended 31st March 2026, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditor’s Report on the Balance Sheet and Accounts.MoreLess
Against DSP Mutual Fund
- DSP Mutual FundWe have relied upon the auditors’ report, which has not raised concerns on the standalone and consolidated financial statements. Based on the auditors’ report, which is unqualified, the financial statements are in accordance with generally accepted accounting policies and Indian Accounting Standards (IND-AS). However, we raise concern that the bank has not constituted an audit committee in line with regulations and does not have sufficient independent directors on the board. In the absence of critical oversight provided by the audit committee, we are unable to support the resolution. Typical of public sector banks, Punjab & Sind Bank has four joint auditors. The audit committee must provide clarity on how it establishes accountability of these auditors and ensures that issues do not fall through the cracks, while allocating audit responsibilities.
1 for1 against- To declare dividend for the Financial Year 2025-26.2 for0 against
Mutual fund votes, meeting of 21 Jan 2026, 6 fund houses
- To seek approval to raise equity capital up to an amount of Rs.3000 crore by way of Qualified Institutions Placement (QIP) by way of Special Resolution6 for0 against
To seek approval of appointment of Shri Jitendra Asati as the Government of India Nominee Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Ordinary Resolution.MoreLess
Against Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
- Motilal Oswal Mutual FundNo concern on the merit and profile of the proposed appointee. Non-Compliant Resolution: Resolution proposed via Addendum to the notice before only 13 days to the AGM, against the legal provision of at least 21 days. Governance Concern: Delayed shareholders’ approval. Board is non-compliant with the requirement of Independent Directors and there is no woman Independent Director on the Board.
- Nippon India Mutual FundGovernance Concern: Delayed shareholders’ approval. Board is non-compliant with the requirement of Independent Directors.
3 for3 against
6 earlier meetings
Mutual fund votes, meeting of 5 Aug 2025, 7 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2025, Profit and Loss Account of the Bank for the year ended 31st March 2025, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditor’s Report on the Balance Sheet and Accounts.MoreLess
7 for0 against- To declare dividend for the Financial Year 2024-25.6 for0 against
To seek approval of appointment of Shri Rajeeva as the Executive Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Ordinary Resolutions.MoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundNo concern on merit of director. Governance concern: Delayed Shareholders’ approval, Board is non-compliant with the requirement of Independent Directors, no woman Independent Director on the Board.
6 for1 againstTo seek approval of appointment of Shri Vivek Srivastava as the RBI Nominee Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Ordinary Resolution.MoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundNo concern on merit of director. Governance concern: Delayed Shareholders’ approval, Board is non-compliant with the requirement of Independent Directors, no woman Independent Director on the Board.
6 for1 againstTo seek approval of reappointment of Shri Shankar Lal Agarwal as the Part-time Non-Official Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Special Resolution.MoreLess
Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Motilal Oswal Mutual FundNo concern on the merits of director. Appointment is not in accordance with law: Appointment without serving the cooling off period of three years. Governance concern: Term of appointment is ambiguous and against spirit of the law. Delayed Shareholders’ approval
- Nippon India Mutual FundNon compliant with Law. Appointment without serving the cooling off period of three years. Governance concern: Term of appointment is ambiguous and against spirit of the law. Delayed Shareholders’ approval
5 for2 againstTo seek approval of extension of tenure of Shri Swarup Kumar Saha as the Managing Director and Chief Executive Officer of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 by way of Ordinary Resolution.MoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundNo concern on merit of director. Governance concern: Board is non-compliant with the requirement of Independent Directors, no woman Independent Director on the Board.
6 for1 againstTo seek approval for Appointment of M/s R S Kathuria & Co, Practising Company Secretary as the Secretarial Auditor for carrying out Secretarial Audit and Issuance of Annual Secretarial Compliance Report for a term of 5 (five) years from FY 2025-26 to FY 2029-30 by way of Ordinary Resolution.MoreLess
Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Motilal Oswal Mutual FundNo issues on merit of the proposed Secretarial Auditors. Non-Compliant with Regulation 36(5) of SEBI LODR, 2015: Proposed audit fee payable to Secretarial Auditors not disclosed in the Notice.
- Nippon India Mutual FundNon disclosure of Proposed fee payable to Secretarial Auditors.
5 for2 against
1 proposal not matched to one resolution
- 2) Approve final dividend of Rs. 0.07 per equity share (face value Rs. 10.0 each) for FY25.1 for0 against
Mutual fund votes, meeting of 24 Jul 2024, 5 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2024, Profit and Loss Account of the Bank for the year ended 31st March 2024, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditor’s Report on the Balance Sheet and Accounts.MoreLess
4 for0 against- To declare dividend for the Financial Year 2023-24.4 for0 against
2 proposals not matched to one resolution
- Adoption of financial statements for the year ended 31 March 20241 for0 against
- Approve final dividend of Rs. 0.20 per equity share (face value Rs. 10.0 each) for FY241 for0 against
Mutual fund votes, meeting of 31 May 2024, 5 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Election of Shareholder Director: Shri Suresh Chand Garg
Against DSP Mutual Fund
- DSP Mutual FundOn 18 May 2024, Punjab & Sind Bank issued an update with the options of the candidates to be elected. While there are two options of candidates for the one position of shareholder director, we recommend the appointment of Rajendra Prasad Gupta. Market sources suggest that he is currently serving as Zonal Manager, Kanpur in the cadre of Executive Director at Life Insurance Corporation of India. We believe that his professional experience will benefit the public sector bank.
0 for1 against - Election of Shareholder Director: Shri Rajendra Prasad Gupta4 for0 against
- To seek approval of appointment of Shri Ravi Mehra, as Executive Director of the Bank in terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20155 for0 against
- To raise equity capital up an amount of Rs.2000 crore through Qualified Institutions Placement.3 for0 against
2 proposals not matched to one resolution
To create, offer, issue and allot Fresh Equity Shares of Face Value of Rs. 10/- each up to an amount of Rs. 2000 crore (including premium) by way of Qualified Institutional Placement, ranking pari passu with the existing equity shares of the Bank for all purpose and in all respects, including payment of dividend, in one or more tranches, at such price or prices, and on such terms and conditions as may be decided by the Board/ Committee in its absolute discretion.MoreLess
2 for0 against- To elect one Director from amongst the Shareholders of the Bank.1 for0 against
Mutual fund votes, meeting of 11 Jul 2023, 4 fund houses
- To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2023, Profit and Loss Account of the Bank for the year ended 31st March 2023n4 for0 against
- To declare dividend for the Financial Year 2022-234 for0 against
- Issue of Equity Shares by way of Qualified Institutional Placement4 for0 against
- Appointment of Dr. Charan Singh, as part-time Non-Official Director as well as Non-Executive Chairman of the Bank
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
3 for1 against - Appointment of Ms. M G Jayasree, as Government of India Nominee Director of the Bank
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
3 for1 against - Appointment of Ms. Rshmi Khetrapal, as part-time Non-Official Director of the Bank
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
3 for1 against - Appointment of Shri Swarup Kumar Saha, as Managing Director and Chief Executive Officer of the Bank
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
3 for1 against
Mutual fund votes, meeting of 12 Jul 2022, 3 fund houses
To discuss, approve and adopt the Audited Balance Sheet of the Bank as at 31st March 2022, Profit and Loss Account of the Bank for the year ended 31st March 2022, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditor’s Report on the Balance Sheet and AccountsMoreLess
3 for0 against- To declare dividend for the Financial Year 2021-223 for0 against
Mutual fund votes, meeting of 31 Mar 2022, 2 fund houses
To create, offer, issue and allot 2,72,51,18,483 (Two Hundred and Seventy Two Crore Fifty One Lakh Eighteen Thousand Four Hundred and Eighty Three only) equity shares of Rs. 10 each for cash at an issue price of Rs.16.88 per equity share (including premium of Rs.6.88 per equity share) aggregating to Rs.4600 crore (Rupees Four Thousand Six Hundred crore only) on preferential basis to Government of IndiaMoreLess
2 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyReserve Bank of IndiaSince 9 Jun 2026
Penalty amount of Rs 10000 levied by RBI
Irregularities observed during RBI Inspection - Fine or penaltyReserve Bank of IndiaSince 22 May 2026
Penalty amount of Rs 30000 levied by RBI
Irregularities observed during RBI Inspection - Fine or penaltyReserve Bank of IndiaSince 29 Jun 2026
Penalty amount of Rs 50 levied by RBI
Irregularities observed during RBI Inspection - Fine or penaltyReserve Bank of IndiaSince 6 May 2026
Penalty amount of Rs 58200 levied by RBI
Irregularities observed during RBI Inspection
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- No
- The board has a regular chairperson
- No
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2025. The company's results filing for the quarter to Sep 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| QIPMar 2025 | 1,219.39 | – | – | No |