PNB Gilts Reports Strong Q1 Results with 113% Profit Jump, Appoints New Auditor Jul 23, 2025
More news about PNB Gilts
04Jul 25
PNB Gilts Receives Penalty Waiver from ARCL
Asset Reconstruction Company Limited (ARCL) has approved a waiver of penalty for PNB Gilts, a subsidiary of Punjab National Bank specializing in government securities trading. While specific details of the penalty are undisclosed, this decision could potentially benefit PNB Gilts' financial position. The waiver may provide financial relief, indicate resolution of compliance issues, and positively influence market perception of the company.
05May 25
PNB Gilts Reports Q4 FY23 Profit Growth and Announces Dividend
PNB Gilts announced its Q4 FY23 results, showing a 10.11% year-over-year increase in net profit to ₹750.20 crore, despite an 11.60% revenue decline to ₹4.19 billion. The company recovered from a ₹101.10 crore loss in Q3 FY23 and recommended a final dividend of ₹1.00 per equity share for FY23.
PNB Gilts Appoints Pareed Sunil as New Managing Director & CEO
PNB Gilts Ltd. has appointed Pareed Sunil as the new Managing Director and CEO for a 3-year term, subject to RBI approval and shareholder sanction. Sunil, previously Deputy CEO, brings extensive banking experience from his 30+ year career at Punjab National Bank. His appointment follows the company's earlier announcement of a leadership transition.