diff --git a/constraints/security.txt b/constraints/security.txt
index 1f6e3e2aa..8c5f9588a 100644
--- a/constraints/security.txt
+++ b/constraints/security.txt
@@ -79,7 +79,7 @@ pydantic==2.13.4
 pydantic-settings==2.14.2
 
 # pandera: DataFrame validation, data quality and security
-pandera==0.32.0
+pandera==0.32.1
 
 # ============================================================================
 # System packages - Known vulnerability fixes
diff --git a/requirements-dev.lock b/requirements-dev.lock
index 74d2be079..c40b703f2 100644
--- a/requirements-dev.lock
+++ b/requirements-dev.lock
@@ -448,7 +448,7 @@ pandas==2.3.3
     #   exchange-calendars
     #   geosync (pyproject.toml)
     #   streamlit
-pandera==0.32.0
+pandera==0.32.1
     # via
     #   -c constraints/security.txt
     #   geosync (pyproject.toml)
@@ -478,10 +478,6 @@ pluggy==1.6.0
     #   pytest-cov
 pot==0.9.6.post1
     # via geosync (pyproject.toml) — neuro_advanced optional group; pinned here
-    #   so the shared dev install (setup-geosync / fast-shard) can collect+run
-    #   tests/research_lines/test_ricci_microstructure_v1.py, which imports the
-    #   POT-backed Ollivier-Ricci kernel. NOT auto-emitted by `pip-compile`
-    #   (optional extra); re-add after a relock. Floor: pyproject POT>=0.9.5.
 prometheus-client==0.25.0
     # via geosync (pyproject.toml)
 propcache==0.4.1
diff --git a/requirements-scan.lock b/requirements-scan.lock
index cb065b169..a7e44f197 100644
--- a/requirements-scan.lock
+++ b/requirements-scan.lock
@@ -73,7 +73,7 @@ opentelemetry-semantic-conventions==0.59b0
 optuna==3.6.2
 packaging==25.0
 pandas==2.3.3
-pandera==0.32.0
+pandera==0.32.1
 pillow==12.3.0
 prometheus-client==0.25.0
 propcache==0.4.1
diff --git a/requirements-scan.txt b/requirements-scan.txt
index f34840f67..4aa94ea76 100644
--- a/requirements-scan.txt
+++ b/requirements-scan.txt
@@ -19,7 +19,7 @@ numba>=0.60.0
 # Data validation
 pydantic>=2.13.4,<3.0.0
 pydantic-settings>=2.14.2,<3.0.0
-pandera>=0.32.0,<1.0.0
+pandera>=0.32.1,<1.0.0
 exchange-calendars>=4.11.1
 
 # Configuration & instrumentation
diff --git a/requirements.lock b/requirements.lock
index ffd324649..60cb7e332 100644
--- a/requirements.lock
+++ b/requirements.lock
@@ -306,7 +306,7 @@ pandas==2.3.3
     #   exchange-calendars
     #   geosync (pyproject.toml)
     #   streamlit
-pandera==0.32.0
+pandera==0.32.1
     # via
     #   -c constraints/security.txt
     #   geosync (pyproject.toml)