StockWatch
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Other Financial Services
Partnership14 Aug 2026, 11:39 am

Gyftr Ltd Signs Service Agreement with Punjab National Bank

AI Summary

Gyftr Ltd has entered into a Service Agreement with Punjab National Bank, effective August 14, 2026. The agreement, valid for three years, aims to develop and deploy a dedicated microsite for PNB Credit Card holders to purchase Gift Vouchers and Coupons at specified discounts. This initiative includes providing a payment gateway and technical support, operating within the ordinary course of Gyftr's business. The transaction is not considered a related party transaction, and no promoter or group companies have an interest in the entity.

Key Highlights

  • Gyftr Ltd partners with Punjab National Bank for customer engagement.
  • Agreement focuses on reselling Gift Vouchers and Coupons.
  • A dedicated microsite will be developed for PNB Credit Card holders.
  • The service agreement is for a tenure of three years.
  • Transaction is in the ordinary course of business and not related party.