Punjab & Sind Bank: We would like to inform about the change in senior management of Bank as under: Sh. Sanjay Prakash…
Punjab & Sind Bank (PSB) filed a disclosure titled "We would like to inform about the change in senior management of Bank as under: Sh. The company is valued at about ₹13,702 crore.
What happened
Punjab & Sind Bank (PSB) filed a disclosure with the exchanges on 4 November 2026 at 06:49 PM titled "We would like to inform about the change in senior management of Bank as under: Sh. Sanjay Prakash Srivastava, General".
Company snapshot
Punjab & Sind Bank is a small-cap company, with a market value of about ₹13,702 crore.
The stock last traded at ₹19.31, against a 52-week range of ₹18–₹31.9 (39.5% below the high).
Before this filing the shares had moved −9.3% over the month and −20.4% over three months. Average daily turnover over the last 20 sessions was about ₹4.65 crore.
Promoters held 93.85% at the end of Q2 FY27. Foreign institutions owned 0.12% and domestic institutions 3.79%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 3,373 | 294.5 | 0.42 |
| Q3 FY26 | 3,549 | 336.4 | 0.47 |
| Q4 FY26 | 3,457 | 421.8 | 0.59 |
| Q1 FY27 | 3,546 | 331.5 | 0.47 |
| Q2 FY27 | 3,747 | 412 | 0.58 |
What history shows
This is not the company's first management change disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.9% on average the next trading day and was down 3.3% on average after five days (2 filings with price data).
Market-wide, 4,237 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 23 Sept 2026 | Change in Director(s) of the company. | −1.3% | −5.2% |
| 13 Aug 2026 | Management change | −0.6% | −1.5% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.