PNB Gilts Ltd, a subsidiary of Punjab National Bank, has issued a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, announcing the opening of a special window for re-lodgement of transfer requests pertaining to physical shares. The company published newspaper advertisements in Financial Express (English) and Jansatta (Hindi) on May 05, 2026 to inform shareholders of this facility. A brief note regarding the special window has also been uploaded on the company's website at www.pnbgilts.com .

Special Window for Physical Share Transfer and Dematerialisation

The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The window is open for a period of one year, from February 05, 2026 to February 04, 2027, for the transfer and dematerialisation (demat) of physical shares. This facility specifically covers physical securities that were sold or purchased prior to April 01, 2019.

The following table outlines the key parameters of the special window:

Eligibility Criteria for Lodgement

The applicability of lodgement under the special window is determined as follows:

Key Conditions and Lock-in Requirements

Only requests accompanied by original share certificates, transfer deeds, and relevant supporting documents as specified in the SEBI Circular will be considered under this special window. Shares transferred under this facility shall be mandatorily credited to the transferee in demat mode only and will be subject to a lock-in period of one year from the date of registration of transfer. During this lock-in period, such shares shall not be transferred, lien-marked, or pledged.

How Eligible Shareholders Can Avail the Facility

Eligible shareholders are encouraged to submit the requisite documents to the company's Registrar and Share Transfer Agent (RTA):

• RTA Name: MCS Share Transfer Agent Ltd.
• Address: 179-180, DSIDC Shed, 3rd Floor, Okhla Industrial Area, Phase-1, New Delhi – 110 020
• Phone: 011-41406149 / 41406150 / 41406151
• Email: admin@mcsregistrars.com

Transfer requests submitted after February 04, 2027 will not be accepted by the company or its RTA. The company has also urged shareholders holding shares in physical form to dematerialise their shares and complete their KYC (including email address and bank account details) with the RTA at the earliest. The disclosure was signed by Monika Kochar, Company Secretary and Compliance Officer of PNB Gilts Ltd, and is available on the company's website at www.pnbgilts.com .

PNB Gilts has reported mixed fourth quarter financial results, with revenue showing strong growth while net profit experienced a significant decline. The government securities specialist demonstrated resilience in top-line performance despite facing challenging conditions that impacted profitability during the quarter.

Financial Performance Overview

The company's Q4 results present a contrasting picture of revenue growth alongside substantial profit decline. Revenue increased to ₹4.2 billion from ₹3.6 billion in the corresponding quarter of the previous year, representing a healthy year-on-year growth of 16.67%. However, net profit fell dramatically to ₹130 million from ₹750 million, marking a steep decline of 82.67%.

Revenue Growth Amid Profit Challenges

The 16.67% increase in revenue to ₹4.2 billion indicates that PNB Gilts maintained its market position and business volumes during the quarter. The ₹600 million increase in top-line performance demonstrates the company's ability to generate business despite market headwinds.

Impact on Profitability

Despite the positive revenue trajectory, the company faced significant pressure on its bottom line. The 82.67% year-on-year decline in net profit represents a substantial shift in the company's financial performance, with earnings falling by ₹620 million compared to the same quarter in the previous year. This divergence between revenue growth and profit decline suggests increased operational costs or margin compression during the quarter.

The contrasting performance between revenue growth and profit decline reflects the complex operating environment faced by PNB Gilts, which specializes in government securities and debt market operations.