PNB GILTS LTD. has informed the Exchange regarding Resignation of Mr Amit Kumar Srivastava as Non- Executive Non- Independent Director of the company w.e.f. November 26, 2025.
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PNB Gilts Limited has informed the stock exchange about the resignation of Mr. Amit Kumar Srivastava from the position of Non-Executive Non-Independent Director. The resignation is effective from November 26, 2025. No reason for the resignation has been disclosed in the filing. Mr. Srivastava was a non-independent director, meaning he likely represented a stakeholder or parent entity rather than acting independently on the board.
This is a routine board change involving a non-independent, non-executive director. It is unlikely to materially affect stock price or shareholder value, though shareholders should watch for any further board changes or clarity on the reason for departure.