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PNB Gilts Ltd — Capital/Financing Update 2020
Jul 20, 2020
62413_rns_2020-07-20_e9847f83-ae4c-4678-a158-a3a87d2351dc.pdf
Capital/Financing Update
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(Subsidiary of Punjab National Bank)
Date: 20.07.2020
| The Manager- ListingNational Stock Exchange of IndiaLtd.Exchange PlazaBandra Kurla ComplexBandra (E), Mumbai -400 051Scrip Code: PNBGILTS | The Manager- ListingBSE LimitedPhiroze JeeJeebhoy TowersDalal StreetMumbai- 400 001Scrip Code: 532366 |
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Ref: SEBI Circular No. SEBI/HO/DDHS/DDHS/CIR/P/2019/115 dated 22.10.2019 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Sub: Intimation regarding allotment of Commercial Paper
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 has allotted CPs for an amount of INR 400 Crore (Rupees Four Hundred Crore only) on 23.06.2020, brief details of which were also submitted to the Exchanges on 23.06.2020.
Kindly note that in furtherance of above, the Company has allotted CPs for an amount of INR 100 crores (Rupees One Hundred Crore Only) on 20.07.2020. Brief details of the same are as follows:
| Tenure of the instrument | 67 Days |
|---|---|
| Date of Maturity | 25.09.2020 |
| Coupon/ Interest offered | 3.50 % |
| Charge/ Securityifany, created overthe 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 Digitally signed by MONIKA KOCHAR Date: 2020.07.20 KOCHAR 20:27:18 +05'30' (Monika Kochar) Company Secretary
Regd. Office : 5, Sansad Marg, New Delhi-110 001. Ph. : 23325759, 23325779, 23736584, Fax : 23325751, 23325763 Website : www.pnbgilts.com E-mail : [email protected] CIN : L74899DL1996PLC077120