PSBNSEPunjab & Sind Bank· BanksMediumNeutral
Announced Tue, 5 Aug · 20:03 IST

Punjab & Sind Bank has informed the Exchange about Appointment of Secretarial Auditor of the Bank

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AI summary

Punjab & Sind Bank announced that its shareholders approved the appointment of M/s. R S Kathuria & Co, a Practicing Company Secretary firm, as the Secretarial Auditor of the Bank at the 15th Annual General Meeting held on August 5, 2025. The appointment is for a five-year term covering FY 2025-26 to FY 2029-30. The firm, established in April 1999, has over 25 years of experience in corporate and securities law advisory, mergers, statutory compliance audits, and related services. This is a routine regulatory disclosure under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations.

Likely market impact

This is a standard corporate governance appointment with no material impact on shareholders or stock price. It reflects compliance with SEBI requirements for public sector banks to have a qualified secretarial auditor for a defined term.