PNB Gilts gets RBI approval for Amit Kumar Srivastava as Non-Executive Director
- Management change
- Finance
PNB Gilts Limited has told the exchanges on 9 Oct 2026 that the Reserve Bank of India, by a communication of 9 Oct 2026, approved the appointment of Sh. Amit Kumar Srivastava, Executive Director of Punjab National Bank, as a Director (Non-Executive and Non-Independent). Shareholders had approved the appointment at the 30th Annual General Meeting on 28 Sep 2026.
The board had decided on 7 Aug 2026, subject to RBI and shareholder approval, that the appointment would take effect from the later of the two approvals and that he would become Chairman of the Board from the date of appointment.
Inference
Both required approvals are now in place, so the appointment can take effect. The filing says he is to become Chairman from the date of his appointment.
Reference: Original filing (PDF)
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