Punjab & Sind Bank director appointment: The public sector bank informed exchanges in a BSE filing on August 13, 2026, that Kristam Subba Raju Guptha has been appointed to its board as a part-time non-official director. The appointment took effect on August 12, 2026.

The disclosure was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Punjab & Sind Bank is listed on the BSE under scrip code 533295 and on the National Stock Exchange under the symbol PSB.

Central Government nominates new director

According to the filing, the Central Government nominated Guptha by exercising powers conferred under clause (h) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.

The nomination was made through a Central Government notification dated August 12, 2026. The bank said Guptha’s term will continue for three years from the notification date or until further orders, whichever is earlier.

  • Nature of change: Nomination as part-time non-official director on the bank’s board.
  • Effective date: August 12, 2026.
  • Tenure: Three years from the notification date or until further orders, whichever comes first.
  • Relationship with other directors: Nil, as disclosed by the bank.

The exchange communication identifies the development as an appointment to the board rather than a change in an executive management position. The filing does not state that Guptha has been assigned any operational or executive responsibilities at the bank.

Profile to be filed separately

Punjab & Sind Bank said the new director’s brief profile would be submitted separately. Consequently, the present disclosure does not provide details about his professional background, previous roles or areas of experience.

The filing was signed by Company Secretary Saket Mehrotra and addressed to both BSE Limited and the National Stock Exchange of India. It requested the exchanges to take the board appointment on record in accordance with Regulation 30 of the SEBI listing regulations.

The bank’s filing lists its head office at Rajendra Place and its corporate office at East Kidwai Nagar in New Delhi. No financial consideration, change in shareholding or other monetary detail was disclosed in connection with the appointment.

Source: BSE corporate announcement.