
Board Meeting30 Jan 2026, 02:46 pm
PNB Gilts Ltd Receives RBI Approval for Appointment of Sh. Bibhu Prasad Mahapatra
AI Summary
PNB Gilts Ltd has received approval from the Reserve Bank of India (RBI) for the appointment of Sh. Bibhu Prasad Mahapatra as an Additional Director (Non-Executive & Non-Independent) of the Company. The Board of Directors had previously approved his appointment on November 18, 2025, subject to RBI's approval. Mahapatra, who is an Executive Director at PNB, will assume his new role from January 29, 2026, the date of RBI's approval.
Key Highlights
- PNB Gilts Ltd receives RBI approval for the appointment of Sh. Bibhu Prasad Mahapatra as Additional Director
- Mahapatra is currently an Executive Director at PNB
- His appointment is non-executive and non-independent
- The appointment is effective from January 29, 2026
- The appointment was originally approved by the Board of Directors on November 18, 2025
Price Impact
More from PNBGILTS