Punjab National Bank (PNB), one of India's leading public sector banks, has announced important dates for investors holding its Basel III Tier-II bonds. The bank has set record dates for the payment of interest and principal on two bond series, providing clarity to bondholders.

Bond Series Details

Series XXII Bonds (7.25% Annual Interest Rate)

• ISIN: INE160A08167
• Record Date: October 14, 2025
• Payment Due Date: September 29, 2025
• Notable Feature: PNB has a call option to exercise on these bonds

8.34% Annual Bond Series

• ISIN: INE141A08035
• Record Date: October 13, 2025 (adjusted from October 11 due to bank holidays)
• Payment Due Date: October 24, 2025 (adjusted from October 26 due to bank holidays)

Key Points for Investors

1. Record Dates: The record dates are crucial for determining which bondholders are eligible for interest and principal payments. Investors must ensure they are registered as bondholders on these dates to receive their due payments.

2. Payment Adjustments: Due to bank holidays, PNB has made adjustments to some dates. This demonstrates the bank's proactive approach in managing payment schedules and ensuring timely disbursements.

3. Call Option: For the Series XXII bonds, PNB has noted that it has a call option. This gives the bank the right to redeem these bonds before maturity, which could be of interest to investors planning their long-term portfolios.

Regulatory Compliance

PNB has submitted this information in compliance with Regulation 60(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This adherence to regulatory requirements underscores the bank's commitment to transparency and good corporate governance practices.

Upcoming Investor Events

In related news, PNB has also announced its participation in two upcoming virtual investor meetings:

1. BofA India Financials Forum 2025 on September 19, 2025, starting at 12:00 p.m.
2. Bharat Connect Conference September 2025 Rising Stars on September 22, 2025, starting at 1:00 p.m.

These meetings provide an opportunity for investors and analysts to engage with the bank's representatives and gain insights into PNB's financial performance and future strategies.

The announcements regarding bond payments and investor meetings reflect PNB's ongoing efforts to maintain clear communication channels with its investors and stakeholders, ensuring they are well-informed about the bank's financial instruments and activities.

Punjab National Bank (PNB), one of India's leading public sector banks, has announced a significant extension to the tenure of its Executive Director, M. Paramasivam. The decision, communicated by the Department of Financial Services, Ministry of Finance, Government of India, extends Paramasivam's term beyond its current end date.

Extension Details

The bank informed the stock exchanges on September 16, 2025, that M. Paramasivam's term as Executive Director has been extended as follows:

Official Communication

According to the LODR (Listing Obligations and Disclosure Requirements) data provided by PNB, the extension was officially notified through a government notification:

"The Department of Financial Services, Ministry of Finance, Government of India, vide its Notification No eF.no.4/4(vi)/2024-BO.I dated 15th September, 2025, has extended the term of office of Shri M. Paramasivam, Executive Director of the Bank, beyond his currently notified term ending on 30th November, 2025 till the date of his superannuation i.e. 31st March, 2027 or until further orders, whichever is earlier."

Compliance and Transparency

PNB has submitted this information in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, demonstrating its commitment to transparent communication with shareholders and regulatory bodies.

The extension of M. Paramasivam's tenure as Executive Director suggests a vote of confidence in his leadership and contributions to Punjab National Bank. This continuity in top management could provide stability to the bank's operations and strategic initiatives in the coming years.

Investors and stakeholders will likely be watching closely to see how this extension impacts PNB's performance and strategic direction in the competitive banking sector.