Change in Auditors

(Subsidiary of Punjab National Bank) September 8, 2026 The Manager – Listing The Manager – Listing National Stock Exchange of India Ltd. BSE Limited Exchange Plaza Phiroze JeeJeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai - 400051 Mumbai - 400001 Scrip Code: PNBGILTS Scrip Code: 532366 Sub: Appointment of Joint Statutory Auditors of PNB Gilts Limited ('the Company’) Ref: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Listing Regulations') Dear Sir/Madam, Pursuant to Regulation 30 of the Listing Regulations, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and letter of the Comptroller and Auditor General (C&AG) of India Ref.: No./CA. V/ COY/CENTRAL GOVERNMENT, PNBGIL(2)/21, dated September 7, 2026, we wish to inform you that M/s RAJ HAR GOPAL &CO (Firm registration No. 002074N ) and M/s K VENKATACHALAM AIYER &CO (Firm registration No. 004610S), Chartered Accountants, are appointed as Joint Statutory Auditors of the Company for the Financial Year 2026-27, subject to their requisite consent. Details with respect to appointment of Joint Statutory Auditors of the Company as required under Regulation 30 Read with Schedule III of the Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are annexed herewith as Annexure-1. Kindly take the information on your records. Thanking You, Yours Faithfully, For PNB Gilts Limited (Monika Kochar) Company Secretary & Compliance Officer Encl.: A/a Regd. Office : 5, Sansad Marg, New Delhi-110 001. Ph. : 23325759, 23325779 Website : www.pnbgilts.com E-mail : pnbgilts@pnbgilts.com CIN : L74899DL1996PLC077120 (Subsidiary of Punjab National Bank) Annexure -1 Details with respect to appointment of Joint Statutory Auditors of the Company as required under Regulation 30 Read with Schedule III of the Listing Regulations read with HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S.no Particulars Details 1. Name of the Joint Statutory Auditors M/s RAJ HAR GOPAL &CO (Firm registration No. 002074N) and M/s K VENKATACHALAM AIYER &CO (Firm registration No. 004610S) 2. Reason for change viz. appointment, re- Appointment as Joint Statutory appointment, resignation, removal, Auditors. death or otherwise 3. Date of appointment/ reappointment/ Appointed by Comptroller and Auditor cessation (as applicable) and term of General (“C&AG”) vide letter dated appointment/ re-appointment September 7, 2026 for the Financial Year 2026-27, subject to the requisite consent of the Joint Statutory Auditors 4. Brief Profile Attached at Annexure 2 & 3 Regd. Office : 5, Sansad Marg, New Delhi-110 001. Ph. : 23325759, 23325779 Website : www.pnbgilts.com E-mail : pnbgilts@pnbgilts.com CIN : L74899DL1996PLC077120 Annex-2 Raj Har Gopal & Co. Firm Profile HeadOffice: Upper Ground Floor, Nirmal Tower, 26 Barakhamba Road, New Delhi-110001 Mob: 9810133967, 9818088316 Private &Confidential Contents Section • Section 1 – Introduction of the Firm • Section 2 – Our Services  Section 3 – Experience of the Firm  Section 4 – Our Team  Section 5 – Branch offices PageNo|2 Private &Confidential Section 01: Firm Profile Introduction of the Firm PageNo|3 Private &Confidential Raj Har Gopal & Co. is a distinguished firm of Chartered Accountants with an illustrious history spanning over 46 years. Founded on October 15, 1979, with a visionary commitment to "Service with Responsibility," our firm has consistently delivered exceptional services in Audit, Accounting, Taxation, Financial Control, Corporate Finance, Management Consultancy, Risk Management, and Company Law Matters. At Raj Har Gopal & Co., we pride ourselves on our dedicated team of over 100 experienced professionals. Our team comprises Senior Partners who are highly qualified Chartered Accountants with decades of expertise. Additionally, our professionals include young and energetic individuals who bring fresh perspectives and innovative solutions to our clients. Mission We prioritize trust in every client relationship. We uphold the responsibilities of our profession with dignity, ensuring we deliver excellence and reliability in all our services. Vision To be the trusted partner of choice, renowned for our unwavering integrity, expertise, and commitment to client success in every endeavor. Private &Confidential Introduction of the firm S. No. Particulars Details 1 Name of the Firm Raj Har Gopal & Co 2 Registration No. of the Firm 002074N 3 Date of Establishment 15/10/1979 4 Address of the Firm Upper Ground Floor, Nirmal Tower, 26, Barakhamba Road, New Delhi- 110001 5 Contact Phone/Mobile No./Fax No. 011-41520698/011-41011302 and Email Id 9810133967 rajhargopalho@gmail.com, gkg@rhgco.in 6 RBI Unique Code 103004 7 C&AG Empanelment No. DE0336 8 No. of Partner in the firm 19 9 No of Paid CA in the firm 15 10 No of Branches 17 11 Pan of the Firm AAAFR6070R 12 GSTIN of the Firm 07AAAFR6070R1ZO Private &Confidential Wehaveexperienceof Statutory AuditofBanks andPublic Sector Undertakings. Our firm has conducted the Central Statutory Audit of National Housing Bank (NHB), statutory audit of Bharat Heavy Electrical Limited (BHEL) F.Y. 2018-19 to 2021-22, National Small scale Industrial Corporation Ltd. F.Y. 1984-85, 1985-86, Rail Vikas Nigam Limited (RVNL) F.Y. 2017-18 to 2020-21, Sagarmala Development Corporation Limited FY 2021-22 to 2023-24, Rural Electrification Corporation Limited, Navratna PSU financial Year 2013-14 to 2016-17, Power Finance Corporation Limited, a Navratna PSU FY 2009-10 to 2012-13, The Oriental Insurance Company LTD FY 2022-23 to 2024-25, Cotton Corporation of India Limited. FY 1997-98 to 1999-00 and 2005-06 to 2008-09, 1986-87, Delhi Tourism & Transportation Development Corp. Ltd F.Y. 1997-98 & 1998-99, National Seeds Corporation Ltd., National Textile Corporation Ltd. F.Y. 1991-92 to 1993-94 and 2003-04 to 2004-05, Delhi State Industrial Development Corporation Ltd. F.Y. 2000-01 to 2001-02, Haryana Tourism Corporation Ltd. FY, 1980-81, 1981-82 1982-83. The Firm has the experience of conducting Internal Audit of large industries both in public as well as Power Sector including BEML FY 2024-25, Bharat Sanchar Nigam Limited (BSNL) ITPC PUNE FY 2024-25, Bharat Sanchar Nigam Limited (BSNL) Himachal Telecom Services FY 2021-22 to 2023-24, CEMENT CORPORATION OF INDIA LTD FY 2024-25, MMTC (Metal & Mineral Trading Corporation Ltd). (Faridabad Branch) FY, 2008-09 to 2010-11 (Corporate Office) FY, 2016-17 to 2019-20, South Eastern Coalfields limited-Dipka Area and Korba Area FY, 2017-18 to 2019-20, Container Corporation of India Ltd. FY, 2008-09 to 2010-11, 2015-16 to 2018-19, Cotton Corporation of India Ltd. FY, 2015-16 to 2016-17, Power Grid Corporation of India Ltd. FY, 2006-07 to 2007-08, 2014-15 to 2016-17, Security and printing corporation of India FY, 2016-17 to 2018-19, 2021-22, National Horticulture Board (NHB) FY 2017-18 to 2024-25, National Fertilizers Limited FY, 2018-19 to 2023-24, U.P. Power Transmission Corporation Limited. FY, 2017-18, 2019-20, National Seeds Corporation Limited. FY, 2006-07 to 2010-11, 2014-15 to 2022-23, Mahanagar Telephone Nigam Limited. FY, 2015-16 to 2022-23, Paschimanchal Vidyut Vitran Nigam Limited. FY, 2018-19 to 2019-20 & 2024-25 National Building Construction Corporation Ltd. FY, 2011- 12 to 2019-20, 2024-25, National Highway Authority of India (NHAI) FY, 2014-15 to 2024-25, Dedicated Freight Corridor Corporation of India Limited. FY 2018-19 to 2020-21, Indian Highways Management Company Limited. FY, 2021-22 to 2024-25, Fertilisers and Chemical Travancore Limited (FACT) FY, 2017-18 to 2018-19, NTPC- HYDRO Head Quarter, FY, 2017-18 and NTPC- WR-II UNITS (GADARWARA & KHARGONE) FY, 2024-25, Indian Railway Finance Corporation Ltd., FY, 2018-19 to 2021-22, TCI Concor Multimodel logistics solutions Ltd. FY, 2019-20 to 2022-23, THDC India Limited [Showing first 8,000 characters — download PDF for full document]