PNB Gilts Ltd — Capital/Financing Update 2025

Jan 22, 2025

(Subsidiary of Punjab National Bank)

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January 22, 2025

The Manager – ListingNational Stock Exchange of India Ltd.Exchange PlazaBandra Kurla ComplexBandra (E), Mumbai -400051Scrip Code: PNBGILTS		The Manager – ListingBSE LimitedPhiroze JeeJeebhoy TowersDalal StreetMumbai- 400 001Scrip 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 letter dated January 21, 2025 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.

This is for your information and records.

Thanking you.

Yours faithfully, For PNB Gilts Ltd.

MONIKA Digitally signed by MONIKA KOCHAR KOCHAR Date: 2025.01.22 11:59:29 +05'30'

(Monika Kochar)

Company Secretary & Compliance Officer

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