PNB Gilts Ltd — Capital/Financing Update 2024

Jan 19, 2024

(Subsidiary of Punjab National Bank)

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January 19, 2024

The Manager – ListingNational Stock Exchange of India Ltd.Exchange PlazaBandra Kurla ComplexBandra (E), Mumbai - 400051Scrip Code: PNBGILTS		The Manager – ListingBSE LimitedPhiroze JeeJeebhoy TowersDalal StreetMumbai - 400001Scrip Code: 532366

Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Listing Regulations’)

Sub: Intimation for reaffirmation of credit rating of PNB Gilts Limited (‘the Company’)

Dear Sir / Madam,

In reference to the captioned subject, please take note that ICRA Limited vide its letters dated January 16, 2024 has reaffirmed the following:

1. Credit rating [ICRA] A1+ (pronounced as ICRA A one plus rating), as assigned to Rs. 1000 crore Commercial Paper programme of the Company

2. Credit rating [ICRA] A1+ (pronounced as ICRA A one plus rating), as assigned to Rs. 1000 crore Inter-Corporate Deposits (ICD) programme of the Company.

Please also note that the rating rationale was confirmed by the concerned officer of the Company on 18.01.2024 and on the basis of receipt of intimation form the concerned department we are submitting this disclosure within 24 hours.

We request you to kindly take the same on record.

Thanking You,

Yours faithfully, For PNB Gilts Limited

Digitally signed by CHANDRA CHANDRA PRAKASH PRAKASH Date: 2024.01.19 15:57:01 +05'30'

(Chandra Prakash)

Chief Financial Officer

Regd. Office : 5, Sansad Marg, New Delhi-110 001. Ph. : 23325759, 23325779, 23736584, Fax : 23325751, 23325763 Website : www.pnbgilts.com E-mail : pnbgilts@pnbgilts.com CIN : L74899DL1996PLC077120