PNB Gilts Ltd. announced that Mr. Satish Kumar Kalra has tendered his resignation from the position of Non-Executive Independent Director, Nomination and Remuneration Committee, Risk Management Committee, Audit Committee, It Committee and It Strategy Committee of the Company with effect from closure of business hours of February 14, 2024 (due to the reason as stated in the resignation letter). Also, list indicating the category of directorship and membership of the board committees in other listed entities held by him before his resignation became effective: Name of Entity: J.K. Cements Ltd. Category of Directorship: Independent Director Committees: Nomination and Remuneration Committee and Risk Management Committee. Name of Entity: Indbank Merchant Banking Services Ltd. Category of Directorship: Independent Director Committees: Audit Committee and Nomination and Remuneration Committee.