Punjab National Bank has informed the stock exchanges about the nomination of Shri Divesh Sehara as a Director on the Bank's Board. The nomination is made under Section 9(3)(b) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
The appointment is based on a notification from the Department of Financial Services, Ministry of Finance, Government of India, with reference number eF.No. 6/2(ii)/2022-BO.I dated 10th September 2026. The appointment is effective immediately and will continue until further orders.
Shri Divesh Sehara replaces Shri D. Anandan, who ceased to be a director on the Board of the Bank upon this appointment. Shri Sehara currently serves as Joint Secretary, Government of India, Ministry of Finance, Department of Financial Services. The detailed profile of Shri Divesh Sehara will be submitted in due course.
The disclosure confirms that there is no inter se relationship between Shri Divesh Sehara and the other Directors of the Bank. Additionally, he is not debarred from holding the office as a Director by virtue of any SEBI order or any other authority.
This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was digitally signed by Bikramjit Shom, Company Secretary, on 10th September 2026 at 20:38:16 IST.