PNB Gilts Ltd. announced that Sh. Agyey Kumar Azad, (DIN: 08985570), Non-Executive & Non-Independent Director and Chairman of the Company, vide his letter dated April 30, 2021 informed that he is superannuated from the services from his office as Executive Director of Punjab National Bank, the holding company on completion of his tenure. Consequently, he has tendered his resignation from Directorship and Chairmanship of the Company effective May 01, 2021.