Punjab National Bank (PNB) has been penalized by BSE Ltd. with ₹3,35,000 (plus applicable GST).
The penalty was imposed on May 27, 2025, due to non-closure of Vulnerability Assessment and Penetration Testing (VAPT) vulnerabilities for the Financial Year 2024-2025.
This is pursuant to SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/24 dated 06.02.2023 and Exchange Notice no. 20240916-2 dated 16.09.2024.
The impact on financial, operation or other activities of the listed entity is only to the extent of the amount of penalty.
PNB is considering an appeal for a waiver of the penalty to the Exchange within the prescribed timeline.