PNB GILTS LTD.

PNB Gilts Ltd has filed its Annual Report for the financial year 2025-26, as per SEBI Listing Regulations. The report includes the Business Responsibility and Sustainability Report and the Notice for the 30th Annual General Meeting (AGM). The AGM is scheduled for Monday, September 28, 2026, at 11:00 a.m. IST, to be conducted via Video Conferencing. The report emphasizes PNB Gilts' role as a trusted guide in India's fixed-income market, highlighting its stability, direction, and market leadership, backed by Punjab National Bank. The company's website will also host the Annual Report and AGM Notice for shareholders.

PNB Gilts Ltd has issued a notice for its 30th Annual General Meeting (AGM) scheduled for September 28, 2026. The AGM will be conducted via Video Conferencing (VC) at 11:00 a.m. (IST). The company has also attached its Annual Report for the financial year 2025-26, which includes the Business Responsibility and Sustainability Report. This report will be sent electronically to members with registered email addresses and made accessible via a web link for others. The Annual Report highlights the company's role as a Primary Dealer and its commitment to the fixed-income market, backed by Punjab National Bank.

PNB Gilts Ltd announced the resignation of Mr. Bibhu Prasad Mahapatra from his positions as Non-Executive and Non-Independent Director and Chairman of the Company, effective August 7, 2026. The resignation is a consequence of Punjab National Bank receiving permission from the Government of India to nominate Sh. Amit Kumar Srivastava, Executive Director-PNB, as a Non-Executive Non-Independent Director on the Board of PNB Gilts Ltd. Mr. Mahapatra expressed his thanks to the directors and staff for their support during his tenure.

PNB Gilts Limited announced the appointment of Sh. Amit Kumar Srivastava as a Non-Executive & Non-Independent Director, subject to RBI and shareholder approval. The appointment follows a nomination request from Punjab National Bank, the promoter. Srivastava, an Executive Director at PNB with over 31 years of banking experience, also serves on the boards of IIFCL and NIBSCOM. The company also approved the notice for its 30th Annual General Meeting on September 28, 2026, and set September 21, 2026, as the record date for a potential final dividend for FY25-26.

PNB Gilts Limited's Board of Directors met on August 7, 2026. Key decisions included the appointment of Sh. Amit Kumar Srivastava as a Non-Executive & Non-Independent Director, subject to RBI and shareholder approval. The Board also approved the notice for the 30th Annual General Meeting (AGM) scheduled for September 28, 2026, and set Monday, September 21, 2026, as the record date for determining eligibility for the final dividend for FY 2025-26, if declared at the AGM. Dividend payments, if approved, will be made within thirty days of declaration.

PNB Gilts Ltd announced that its Board of Directors, in a meeting held on August 7, 2026, approved the notice for the 30th Annual General Meeting (AGM) scheduled for September 28, 2026. The company also approved the appointment of Sh. Amit Kumar Srivastava as a Non-Executive & Non-Independent Director, subject to RBI and shareholder approval. The record date for determining eligibility for the final dividend for FY 2025-26 has been set as September 21, 2026. The AGM will be held via VC/OAVM.

PNB Gilts Ltd announced that the Board of Directors has fixed Monday, September 21, 2026, as the record date for determining eligibility for the final dividend for the financial year 2025-26, if declared at the upcoming Annual General Meeting (AGM). The AGM is scheduled for Monday, September 28, 2026. The company also approved the appointment of Sh. Amit Kumar Srivastava as a Non-Executive & Non-Independent Director, subject to RBI and shareholder approval. Dividend, if declared, will be paid within 30 days of declaration.

PNB Gilts Limited announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved the results in a meeting held on July 16, 2026. The company has submitted the results along with the Limited Review Report from its joint statutory auditors. The financial extract will also be published in newspapers and made available on the company's website. The results are prepared in accordance with Ind AS.

PNB Gilts reported standalone Q1 FY27 (quarter ended 30 Jun 2026) net profit of ₹80.7 Cr on total income of ₹454.7 Cr, a year-on-year decline of ~49.6% in profit and ~19.3% in revenue against a strong year-ago base. The verdict is weak on a YoY basis, and the driver is almost entirely trading: net gain on securities collapsed to ₹18.2 Cr from ₹156.7 Cr in Q1 FY26, when a bond rally handed the primary dealer an outsized mark-to-market/realised gain. Net interest margin compressed to 17.8% from 28.4% a year ago purely because of this lower trading contribution — the core carry actually improved. Stripping the trading line out, the underlying book is steadier than the headline suggests. Interest income rose to ₹433.5 Cr (from ₹403.9 Cr) while finance costs were broadly flat at ₹330.8 Cr, lifting net interest income to ~₹102.7 Cr from ~₹79.5 Cr a year ago. So the funding spread widened YoY; the entire profit shortfall is the normalisation of securities gains from an exceptional FY26 level. Employee and other operating costs also fell sharply, keeping total expenses at ₹346.5 Cr. Sequentially the print looks dramatic — PAT up ~5.2x from ₹13.0 Cr in Q4 FY26 — but that is a rebound off a depressed base: Q4 FY26 absorbed a ₹72.5 Cr net LOSS on securities. Q1's return to a modest trading gain, rather than any step-change, explains the jump; the QoQ figure is not the story. An exceptional-item recovery of ₹0.08 Cr (SREI) is immaterial and does not move adjusted growth (~-49.6%). Effective tax was ~25.5% (₹27.6 Cr). Management provides no formal earnings guidance and no analyst consensus is published for this small-cap PD, so there is no street benchmark to beat or miss; the FY26 ₹2/share final dividend was declared at the April board and is unrelated to this quarter. The read-through going into Q2 is that results will again hinge on the direction of G-sec yields, which govern the trading line.

PNB Gilts Ltd has announced that its Board of Directors will convene on July 16, 2026. The primary agenda item is to consider and approve the unaudited financial results for the quarter ended June 30, 2026. Additionally, the company informed that the trading window, which was closed from July 1, 2026, will reopen on July 19, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.