PNB Gilts Ltd — Capital/Financing Update 2020

Nov 10, 2020

Date: 10.11.2020

The Manager - Listing	The Manager - Listing
National Stock Exchange of India Ltd.	BSE Listed
Exchange Plaza	Phiroze JeeJeebhoy Towers
Bandra Kurla Complex	Dalal Street
Bandra (E), Mumbai -400051	Mumbai- 400 001
Scrip Code: PNBGILTS	Scrip Code: 532366

Ref: SEBI Circular No. SEBI/HO/DDHS/DDHS/CIR/P/2019/115 dated 22.10.2019 and Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sub: Intimation regarding allotment of Commercial Paper(s)

Dear Sir / Madam,

This is in continuation to earlier disclosure dated 30.04.2020, wherein it was informed that the Board of Directors of the Company in its meeting held on 30.04.2020 considered and approved the proposal for raising of funds by way of issuance of Commercial Paper(s) ("CPs") for an amount not exceeding INR 1000 crores, in one or more tranches.

Thereafter, the Company allotted CPs for an amount of INR 250 Crore (Rupees Two Hundred & Fifty Crore Only) on 15.10.2020, brief details of which were also submitted to the Exchanges on 15.10.2020.

Kindly note that the Company has allotted CPs for an amount of Rs. 250 crores (Rupees Two Hundred & Fifty Crore Only) today i.e. 10.11.2020 as per the following details:

Tenure of the instrument	91 Days
Date of Maturity	09.02.2021
Coupon/ Interest offered	3.40 %
Charge/ Security if any, created over the assets	Unsecured
Special right /interest /privileges attached	No Special Rights attached to CPs

The aggregate amount of commercial paper (including this issue) outstanding as on date is INR 500 crore (Rupees Five Hundred Crore Only).

We request you to kindly take the same on record.

Thanking You,

Yours faithfully, For PNB Gilts Ltd.

(Monika Kochar) Company Secretary MONIKA KOCHAR Digitally signed by MONIKA KOCHAR Date: 2020.11.10 22:28:15 +05'30'