Punjab national bank has issued a notice to shareholders regarding the opening of a special window for transfer and dematerialization of physical securities. The announcement follows SEBI Circular No. SEBI/HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, and was communicated to stock exchanges on April 22, 2026.

Special Window Details

The bank has opened a special facility to enable transfer and dematerialization of physical securities that were purchased or sold prior to April 1, 2019. This window provides shareholders with an opportunity to convert their physical holdings to electronic format.

Eligibility and Requirements

The special window extends beyond new requests to accommodate previously submitted applications. Investors who had earlier lodged transfer requests that were rejected, returned, or not processed due to documentation deficiencies can resubmit their applications during this period.

Mandatory Requirements for Investors:

• Active and KYC-compliant demat account
• Client Master List (CML) from their demat account
• Original transfer documents
• Physical share certificates
• Compliance with standard transfer-cum-demat procedures

Registrar and Transfer Agent Details

All transfer requests must be submitted through the bank's appointed Registrar and Share Transfer Agent. The designated RTA will process applications and verify documentation compliance.

Important Guidelines

The bank has established clear protocols for the transfer process. Securities submitted for re-lodgment will be issued exclusively in dematerialized format once the RTA verifies all documentation. The bank emphasizes that investors must submit their requests with complete documentation by the specified deadline.

Critical Timeline: Transfer requests submitted after February 04, 2027 will not be accepted by Punjab National Bank or its RTA. This represents the final opportunity for shareholders to transfer physical securities purchased before the April 1, 2019 cutoff date.

The notice was signed by Company Secretary Bikramjit Shom and published in Business Standard newspapers in both English and Hindi editions on April 22, 2026, ensuring wide dissemination to shareholders across different linguistic preferences.

Punjab National Bank has announced a significant senior management appointment with Smt. Mousumi Majumdar taking on the role of Group Chief Risk Officer, effective from 15.04.2026. The appointment was communicated to stock exchanges pursuant to regulatory requirements under SEBI (LODR) Regulations, 2015.

Key Appointment Details

The bank has appointed Majumdar to the critical position of Group Chief Risk Officer (GCRO) with the designation of Chief General Manager. This appointment represents an internal promotion, as she transitions from her previous assignment as Chief General Manager in the Credit Review and Monitoring Division at the Head Office.

Professional Background

Majumdar brings substantial expertise to her new role, with a strong educational foundation and extensive industry experience. Her qualifications include a Bachelor of Science degree in Chemistry and professional certification as a Certified Associate of Indian Institute of Bankers (CAIIB).

The appointee's career spans over 34 years in the banking sector, providing her with comprehensive understanding of banking operations and risk management practices. Her previous role in Credit Review and Monitoring Division has equipped her with relevant experience for the risk management responsibilities she will now oversee.

Regulatory Compliance

The appointment was announced in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, specifically under sub clause 7 of Para A, Part A of Schedule III. The bank also referenced SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30.01.2026 in its regulatory filing.

This senior management change reflects the bank's commitment to maintaining robust risk management frameworks and ensuring experienced leadership in critical operational areas. The appointment of an internal candidate with extensive banking experience demonstrates the bank's focus on continuity and leveraging institutional knowledge.