PNB Gilts Limited has announced the appointment of Anju Mittal as an Additional Director (Non-Executive & Non-Independent) of the company, effective from March 16, 2026. Mittal, who currently serves as General Manager of the Compliance Division at Punjab National Bank (PNB), will join the board of the subsidiary, following regulatory clearances that paved the way for this governance move.
The appointment follows the board’s earlier approval, based on the recommendation of the Nomination and Remuneration Committee, with the formal consent process spanning regulatory milestones. The MCA allotted DIN for Anju Mittal on December 5, 2025, and the Reserve Bank of India conveyed its approval on March 13, 2026 (received March 16, 2026), making the inclusion on the board effective from the RBI’s clearance date. Mittal’s designation as an Additional Director signals an enhanced governance framework for the company.
As a Non-Executive & Non-Independent director, Mittal’s presence is poised to augment board-level oversight and governance, leveraging her regulatory and compliance expertise drawn from her leadership role within PNB. Given PNB Gilts’ status as a subsidiary of Punjab National Bank, the appointment underscores a closer alignment of the parent’s compliance and risk-management ethos with the subsidiary’s governance structure.
This leadership move highlights a deliberate strengthening of the company’s board composition, with a focus on robust compliance and governance that can help steer strategic decisions across the gilt subsidiary’s operations.