PNB GILTS LTD. has informed the Exchange regarding Appointment of Ms. Anju Mittal as an Additional Director (Non-Executive & Non-Independent) of the company w.e.f. March 16, 2026.
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PNB Gilts Limited has received Reserve Bank of India approval for the appointment of Ms. Anju Mittal as an Additional Director on its board, effective March 16, 2026. Ms. Mittal is currently serving as General Manager in the Compliance Division of Punjab National Bank, the parent company of PNB Gilts. Her appointment was first approved by the company's Board on November 24, 2025, pending RBI approval and DIN allotment. The MCA allotted her DIN on December 5, 2025, and the RBI conveyed its approval via a letter dated March 13, 2026. She will serve as a Non-Executive and Non-Independent Director on the board.
This is a routine board appointment of a senior executive from the parent company (PNB) to the subsidiary's board and is unlikely to have any material impact on the stock price. Shareholders should note continued representation of the parent bank on the subsidiary's board.