PNB Gilts Ltd.

PNB Gilts Ltd, a renowned and preferred name in the Indian debt market
 was one of the first entities to be granted the Primary Dealership
 License by the Reserve Bank of India. The company is also a
 subsidiary of one of the largest Indian commercial banks, Punjab
 National Bank. Company has played a pivotal role in strengthening of
 the domestic fixed income markets and is a dominant player, marking
 its presence with significantly high market share in the overall
 trading turnover.
 
 2003
 
 -Pnb Gilts Limited  informs that Mr. Arun Kaul  tenders his
 resignation as Managing Director of the company.  Mr. Arun Kaul would
 continue as Director on the Board. Further, Mr. I D Singh is appointed
 as an Additional Director on the Board, and also as the Managing
 Director in terms of Sec.269 of the Companies Act, 1956, in place of
 Mr. Arun Kaul. Also, the parent bank has withdrawn the nomination of
 Mr. S K Awasthi, as Director of the company.
 
 -Members approve voluntary delisting of shares from Delhi Stock
 Exchange
 
 -Delisted from Delhi Stock Exchange wef March 31, 2004.
 
 2006
 
 -PNB Gilts Ltd has appointed Sh. Anand Swarup Agarwal, Director,
 Punjab National Bank, as an additional Director on the Board of the
 Company.
 
 2009
 
 - PNB Gilts Ltd has informed that the Board of Directors vide its
 resolution dated August 03, 2009 (passed through circulation) has
 appointed Sh. Nagesh Pydah as an Additional Director on the Board of
 Directors of the Company.
 
 2010
 
 - Board has recommended a final dividend of 10%.
 
 - Mr K. R. Kamath is appointed as an Additional Director of the
 Compnay.
 
 2011
 
 - Sh. Rakesh Sethi is appointed as an Additional Director of the
 Compnay.
 
 2012
 
 - The Board has recommended a final dividend of Rs. 1.00 per share
 (Nominal value Rs. 10/- per equity share.
 
 - The Company had submitted an application to SEBI for grant of
 registration as Portfolio Manager, so as to diversify its business
 operations into Portfolio Management Services (PMS) as well. Now,
 SEBI vide its letter dtd. May 24, 2012 has granted the PMS license to
 the Company.
 
 2013
 
 - PNB Gilts Ltd has issued Bonuse quity shares in the ratio of 1:3.