| PNB Gilts Ltd, a renowned and preferred name in the Indian debt market was one of the first entities to be granted the Primary Dealership License by the Reserve Bank of India. The company is also a subsidiary of one of the largest Indian commercial banks, Punjab National Bank. Company has played a pivotal role in strengthening of the domestic fixed income markets and is a dominant player, marking its presence with significantly high market share in the overall trading turnover.
2003
-Pnb Gilts Limited informs that Mr. Arun Kaul tenders his resignation as Managing Director of the company. Mr. Arun Kaul would continue as Director on the Board. Further, Mr. I D Singh is appointed as an Additional Director on the Board, and also as the Managing Director in terms of Sec.269 of the Companies Act, 1956, in place of Mr. Arun Kaul. Also, the parent bank has withdrawn the nomination of Mr. S K Awasthi, as Director of the company.
-Members approve voluntary delisting of shares from Delhi Stock Exchange
-Delisted from Delhi Stock Exchange wef March 31, 2004.
2006
-PNB Gilts Ltd has appointed Sh. Anand Swarup Agarwal, Director, Punjab National Bank, as an additional Director on the Board of the Company.
2009
- PNB Gilts Ltd has informed that the Board of Directors vide its resolution dated August 03, 2009 (passed through circulation) has appointed Sh. Nagesh Pydah as an Additional Director on the Board of Directors of the Company.
2010
- Board has recommended a final dividend of 10%.
- Mr K. R. Kamath is appointed as an Additional Director of the Compnay.
2011
- Sh. Rakesh Sethi is appointed as an Additional Director of the Compnay.
2012
- The Board has recommended a final dividend of Rs. 1.00 per share (Nominal value Rs. 10/- per equity share.
- The Company had submitted an application to SEBI for grant of registration as Portfolio Manager, so as to diversify its business operations into Portfolio Management Services (PMS) as well. Now, SEBI vide its letter dtd. May 24, 2012 has granted the PMS license to the Company.
2013
- PNB Gilts Ltd has issued Bonuse quity shares in the ratio of 1:3.
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