PNBNSEPunjab National Bank· BanksMediumNeutral
Announced Wed, 27 May · 19:48 IST

Punjab National Bank has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 20, 2026

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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹106.62
prior close
₹106.75
base price
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+1.2+1.1+0.9+0.4-2.6-2.2-0.8-0.9+0.4+3.1+2.0+0.5
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AI summary

Punjab National Bank has called its 25th AGM on June 20, 2026 via video conferencing. The bank is seeking shareholder approval to declare a final dividend of Rs. 3 per equity share (face value Rs. 2) for FY 2025-26. The record date for dividend entitlement is June 13, 2026, with payment to be made within 30 days of declaration. Key agenda items include approval of material related party transactions with subsidiary PNB Gilts Limited (up to Rs. 10,000 Crores) and associate PNB Housing Finance Limited (up to Rs. 7,100 Crores). The bank is also seeking approval for appointment and extension of three director positions including a Govt. of India nominee director and two executive directors.

Likely market impact

The dividend declaration signals the bank's profitability for FY 2025-26. Shareholders should ensure their bank details are updated for electronic dividend payment as mandated by SEBI. The related party transaction approvals are routine for a bank of this size.