Punjab & Sind Bank to eye Rs.5000 crore capital raise, discuss Q2 results

Punjab & Sind Bank announced a board of directors meeting scheduled for October 16, 2025, in New Delhi. The primary agenda includes considering and approving the unaudited reviewed financial results for the second quarter (Q2) and half-year period ending September 30, 2025.

Additionally, the board will deliberate on a substantial capital and fundraising plan. The bank aims to raise up to Rs.5000 crore by March 2027 through various tranches. This includes Rs.3000 crore via equity shares through QIP/FPO/right issue and Rs.2000 crore through Basel III compliant Additional Tier I or Tier II bonds or combinations thereof. A further Rs.3000 crore will be sought in long term infrastructure bonds, also in one or more tranches by March 2027.

The trading window for designated and connected persons remains closed from October 1, 2025, until October 18, 2025, following the close of the quarter ended September 30, 2025.