Punjab National Bank has recommended a final dividend of ₹3 per equity share for the financial year ended March 31, 2026, subject to shareholder approval. The record date for determining shareholder entitlement to the dividend is June 13, 2026. The dividend will be paid electronically to shareholders with registered bank details.

The 25th Annual General Meeting of the bank is scheduled for June 20, 2026, at 11:00 am via Video Conferencing and Other Audio Visual Means. Shareholders can participate remotely, and this participation will count towards the meeting's quorum. The meeting agenda includes the adoption of audited financial statements for FY26 and the approval of material related party transactions.

Remote e-voting will be open from June 17, 2026, to June 19, 2026. The bank has fixed June 13, 2026, as the cut-off date to determine voting rights for the remote e-voting process. Shareholders holding physical shares are advised to update their PAN and bank details with the Registrar and Transfer Agent to ensure seamless dividend credit and participation.

The bank stated that dividend declared on or after April 1, 2020, is taxable in the hands of shareholders. Tax Deducted at Source (TDS) will be applicable at prescribed rates. Shareholders seeking tax exemption must submit relevant documents by June 13, 2026.

As per the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, no shareholder other than the Central Government is entitled to exercise voting rights in excess of 10% of the total voting rights.

Punjab National Bank has set a long-term goal of achieving net zero emissions by 2060, aligning with national climate commitments, as detailed in its Business Responsibility and Sustainability Report for FY26. The report, which covers the financial year ended March 31, 2026, highlights the bank’s environmental initiatives, including the installation of rooftop solar power systems and a focus on green financing. The bank has also set a Net Zero target year of FY2031 for Scope 1 and Scope 2 emissions.

Environmental Performance

The bank reported total Scope 1 emissions of 10,075 metric tonnes of CO2 equivalent and Scope 2 emissions of 1,64,328 metric tonnes of CO2 equivalent for FY26. Total Scope 3 emissions were significantly higher at 6,61,52,620.88 metric tonnes of CO2 equivalent, primarily driven by financed emissions. To mitigate its environmental impact, the bank invested ₹4.63 crore in capital expenditure towards rooftop solar power installation, covering 65 buildings nationwide with a total capacity of 1504 kWp.

Social and Governance Metrics

The bank serves over 18.53 crore customers through a network of 10,324 branches and 11,065 ATMs. As of March 31, 2026, the bank employed 1,03,193 individuals, with women comprising 25.34% of the workforce. The board of directors includes two women, representing 22.22% of the nine-member board.

Customer grievances saw a significant decline during the year. The bank received 5,74,498 complaints in FY26, a 49.60% decrease compared to the previous year. Of these, 7,331 complaints were pending resolution at the end of the year. The bank maintains a zero-tolerance policy towards corruption, with no instances of fines, penalties, or disciplinary actions reported for bribery or corruption during the year.

Assurance and Oversight

The Sustainability and Resilience Committee, headed by the MD & CEO, governs sustainability issues at the bank. M/s Ummed Jain & Co., the Central Statutory Auditor, provided reasonable assurance for the BRSR Core indicators. The bank’s financing framework for green, social, and sustainability-linked activities was externally reviewed by CARE Analytics and Advisory Private Limited.