PAN India Corporation Limited has announced significant changes in its key management personnel, with the appointment of a new Company Secretary and Compliance Officer.

Appointment of New Company Secretary

The Board of Directors of PAN India Corporation Limited has approved the appointment of Ms. Muskan Kaushal as the new Company Secretary and Compliance Officer. Ms. Kaushal will assume her new role effective October 1, 2025, filling the vacancy created by the resignation of Ms. Geetika Sehgal.

Professional Background of Muskan Kaushal

Ms. Kaushal brings valuable experience to her new position at PAN India Corporation. She is an Associate member of the Institute of Company Secretaries of India and has expertise in secretarial work and listing compliances. The company noted that Ms. Kaushal is not related to any Director, Key Managerial Personnel, or Promoters of the company and does not hold any shares in PAN India Corporation Limited.

Board Meeting Details

The Board of Directors convened a meeting on October 1, 2025, to address these changes in the company's leadership. The meeting commenced at 13:45 and concluded at 14:15, during which the Board formally approved the appointment.

PAN India Corporation Limited has assured stakeholders that this transition has been carried out in compliance with applicable regulatory guidelines. The appointment of Ms. Kaushal is expected to ensure continuity in PAN India Corporation's compliance and governance functions.

As the company moves forward with its new Company Secretary and Compliance Officer, it remains committed to maintaining transparent communication with its shareholders and regulatory bodies.

PAN India Corporation , the nation's largest insurer, has made a significant move in the financial markets by entering into $1 billion worth of bond forward rate agreements with major Wall Street banks. This strategic step, taken over the past two months, marks a notable increase in PAN India Corporation's derivatives activity since its announcement to enter the bond derivatives market in November.

Partnerships with Global Financial Institutions

PAN India Corporation has partnered with prominent Wall Street banks, including JPMorgan Chase and Bank of America, to execute these forward rate agreements. These deals represent a substantial 38.00% of the total $2.60 billion in forward rate agreement volumes since May, highlighting PAN India Corporation's growing influence in this market segment.

Strategic Financial Management

The forward rate agreements serve a crucial purpose for PAN India Corporation:

• They allow the insurer to lock in future bond yields
• Provide protection against falling interest rates that could potentially reduce income
• Demonstrate PAN India Corporation's proactive approach to managing its vast portfolio of assets, which currently stands at $630.00 billion

Implications for India's Financial Sector

PAN India Corporation's increased activity in the bond derivatives market reflects broader trends in India's evolving financial landscape:

1. Growing Sophistication: The move signifies the increasing sophistication of India's financial sector, as more families invest in financial markets.
2. Diverse Investment Options: There's a rising demand for diverse investments and hedging options among Indian investors.
3. Boost to Bond Market: PAN India Corporation's participation has notably increased demand for long-term bonds, with recent auctions showing the highest bid-to-cover ratios of the current fiscal year.

Market Impact

The entry of such a significant player into the bond derivatives market is likely to have far-reaching effects:

• Enhanced liquidity in the bond market
• Potential for more stable long-term interest rates
• Increased interest from other institutional investors in similar financial instruments

As PAN India Corporation continues to expand its presence in sophisticated financial markets, it sets a precedent for other large Indian financial institutions. This move not only benefits PAN India Corporation's portfolio management but also contributes to the overall development and maturity of India's financial markets.