Announced Sun, 12 Apr · 12:28 IST
Part-Time Non-Official Director Retires on Completion of Tenure
Management Changes View source PDF
PSB · price
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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹24.65
prior close
₹24.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.1-1.1-0.6+0.8+1.6+2.3+1.5+2.8+1.3+3.7-2.7-2.3+1.8
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AI summary
Punjab & Sind Bank informed exchanges that Sh Shankar Lal Agarwal, Part-Time Non-Official Director, has retired on completion of his 1-year tenure. He was appointed by the Government of India, Ministry of Finance on April 11, 2025. The bank has disclosed this under SEBI Listing Regulations. This is a routine tenure completion of a government-appointed non-official director.
Likely market impact
Neutral; routine end of a 1-year government-appointed directorship, no impact on operations or shareholders.