Punjab National Bank — Others, 04-06-2025: Shareholders meeting

Punjab National Bank has announced a board meeting to approve the financial results for the quarter and half-year, along with declaring a dividend of ₹2.90 per equity share for FY 2024-25. The bank will seek shareholder approval for significant related-party transactions with subsidiaries and associates, including securities and loan dealings with limits up to ₹7,100 Cr for PNB Housing Finance. Key leadership changes include appointing Shri Ashok Chandra as Managing Director & CEO, extending Shri Kalyan Kumar’s term as Executive Director, and appointing Shri D Surendran as Executive Director. M/s Agarwal S. & Associates is proposed as Secretarial Auditor for five years. The AGM will be conducted via video conferencing with remote e-voting.