Punjab National Bank has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

Punjab National Bank has submitted to the stock exchange a statement of deviation or variation in the use of proceeds from a fund-raising activity, as required under Regulation 32 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations. This is a routine quarterly compliance filing that public sector banks make after raising money through instruments such as Qualified Institutional Placements (QIPs), Follow-on Public Offers (FPOs), or bond issues. The statement declares whether the actual deployment of funds matches the purpose disclosed in the original offer document. Based on the headline alone, no specific financial figures, fund size, or nature of deviation are visible. Without the detailed annexure, it cannot be confirmed whether any deviation exists or whether this is a routine 'no deviation' declaration.