PNB Gilts Ltd. informed that Sh. Swarup Kumar Saha, Non-Executive & Non-Independent Director of the Company (as Nominated by Punjab National Bank) resigned from the Directorship and Chairmanship of the Company, vide his letter dated June 3, 2022, with immediate effect due to his elevation as Managing Director & CEO of Punjab and Sind Bank and cessation as an Executive Director of Punjab National Bank.