Punjab National Bank has appointed Sushil Katara as a Part-Time Non-Official Director of the bank. The appointment is effective from October 9, 2026.

The bank submitted the profile of the newly appointed director to the National Stock Exchange and BSE on October 12, 2026. This filing was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director profile

Sushil Katara holds a Bachelor of Law (LL.B.) degree and has been practicing law since 2003. His legal practice has been before the District Courts and the High Court of Rajasthan.

Beyond his professional career, Katara is actively associated with several social organizations. These include:

• Shree Govind Guru Seva Sansthan, Dungarpur, Rajasthan
• Samiksha Seva Sansthan, Dungarpur, Rajasthan
• Jaan Hai To Jahan Hai Foundation

Regulatory compliance

The intimation regarding the appointment was initially made on October 9, 2026. The subsequent submission of the detailed profile ensures adherence to statutory disclosure norms for listed entities.

Punjab National Bank has closed its trading window for designated persons and insiders effective October 1, 2026. The closure remains in force until 48 hours after the declaration of financial results for the quarter ending September 30, 2026.

This action complies with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Specifically, it adheres to Clause 4 of Schedule B read with Regulation 9, alongside the bank's internal policy for prevention of insider trading.

Regulatory compliance and scope

The restriction applies to all Designated Persons, their Immediate Relatives, and other Insiders associated with the bank. This standard procedure ensures that no confidential price-sensitive information is exploited during the quiet period preceding the earnings announcement.

The bank stated that the specific date for the Board Meeting to consider the financial results will be informed in due course. Until that date is announced and results are declared, trading by the restricted group is prohibited.

Key details

Investors should note that this closure is a routine regulatory requirement for listed companies prior to quarterly earnings releases. It does not indicate any operational change or financial performance metric for Punjab National Bank.