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PNB Gilts Clarifies Financial Reporting Process Amid Leadership Absence

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PNB Gilts Clarifies Financial Reporting Process Amid Leadership Absence

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PNB Gilts Limited ( (IN:PNBGILTS) ) has shared an announcement.

PNB Gilts Limited addressed a query from the National Stock Exchange regarding discrepancies in their financial results for the quarter ending December 31, 2024. The company clarified that due to the absence of a Managing Director or Whole-time Director, the financial results were signed by an Independent Director, Gopal Singh Gusain, who was authorized by the Board. This compliance with regulatory requirements ensures the validity of their financial reporting, maintaining transparency and trust with stakeholders.

More about PNB Gilts Limited

PNB Gilts Limited is a subsidiary of Punjab National Bank, operating in the financial services industry. The company primarily deals with government securities and related financial products, focusing on the Indian market.

YTD Price Performance: -33.39%

Average Trading Volume: 36,120

Current Market Cap: 13.54B INR

Find detailed analytics on PNBGILTS stock on TipRanks’ Stock Analysis page.

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