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PNB Gilts Limited ( (IN:PNBGILTS) ) has issued an update.
PNB Gilts Limited has announced that the Reserve Bank of India has approved the appointment of Bibhu Prasad Mahapatra, Executive Director at Punjab National Bank, as an Additional Director (Non-Executive and Non-Independent) on its board, effective January 29, 2026. The induction of a senior executive from the parent bank onto the board is expected to further align PNB Gilts’ governance with its promoter’s strategic oversight and may strengthen coordination in policy, risk management, and business strategy for stakeholders across the group.
More about PNB Gilts Limited
PNB Gilts Limited, a subsidiary of Punjab National Bank, operates in the financial services sector with a focus on government securities and related debt market instruments, leveraging its position within the broader public sector banking ecosystem in India.
Average Trading Volume: 36,783
Technical Sentiment Signal: Hold
Current Market Cap: 14.27B INR
For a thorough assessment of PNBGILTS stock, go to TipRanks’ Stock Analysis page.