Punjab & Sind Bank has submitted comprehensive details of its outstanding bonds and debentures to stock exchanges in compliance with SEBI's operational circular requirements. The submission, dated April 13, 2026, provides detailed information about four bond issues worth Rs.4,237.30 crore as mandated under Chapter VIII specifications for debt securities.

Outstanding Bond Portfolio

The bank's bond portfolio comprises four distinct issues with varying tenures and coupon rates. All bonds maintain their full outstanding amounts with no redemptions to date.

Bond Specifications and Terms

All four bond issues follow annual payment frequency with no embedded options. The portfolio includes both Tier II capital bonds and infrastructure bonds, with maturity periods ranging from 10 years to 15 years.

Key Bond Features

Regulatory Compliance Framework

The submission fulfills Punjab & Sind Bank's obligations under SEBI's operational circular dated August 10, 2021, updated on July 07, 2023. The circular mandates comprehensive reporting of outstanding debt securities under Chapter VIII specifications related to ISIN for debt securities, Clause 9.1(a).

Maturity Profile Analysis

The bond portfolio shows a well-distributed maturity profile with one issue maturing in 2026 and the remaining three extending through 2029 and 2034. The largest infrastructure bond of Rs.3,000.00 crore has the longest tenure, maturing in December 2034.

Maturity Distribution

The bank confirmed that all amounts issued remain fully outstanding with no partial redemptions or buybacks executed. Company Secretary Saket Mehrotra signed the compliance document, ensuring adherence to SEBI's centralized database requirements for corporate bonds and debentures.

Punjab & Sind Bank has announced a change in its Board of Directors with the retirement of Sh Shankar Lal Agarwal as Part-Time Non-Official Director. The retirement became effective on April 12, 2026, following the completion of his designated tenure.

Director Appointment and Tenure Details

Sh Shankar Lal Agarwal was initially appointed to serve as Part-Time Non-Official Director on the bank's Board for a period of one year. His appointment was formalized through a Government of India, Ministry of Finance, Department of Financial Services notification bearing reference number eF.No.6/1(viii)/2024-BO.I dated April 11, 2025.

Regulatory Compliance and Communication

The bank has fulfilled its regulatory obligations by informing both major stock exchanges about this board change. Company Secretary Saket Mehrotra signed the official communication addressed to BSE Limited and National Stock Exchange of India Ltd. The notification was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The formal communication was issued from the bank's Head Office Accounts & Audit Department (Shares Cell) located in East Kidwai Nagar, New Delhi. The bank maintains its listing on both exchanges with scrip code 533295 on BSE and symbol PSB on NSE.

Administrative Process

The retirement represents a routine completion of the director's appointed tenure rather than any unexpected departure. As a government undertaking, Punjab & Sind Bank's board appointments are typically made through official government notifications, ensuring proper regulatory oversight and compliance with banking sector governance requirements.