Thu, Apr 28, 2022
PNB Housing Finance on Thursday reported a 33 percent jump in its net profit to Rs 170 crore in quarter ended March 2022.
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Thu, Oct 14, 2021
The deal got mired into legal tangles on matters of valuation. The capital markets regulator Sebi last month approached the Supreme Court against the Securities Appellate Tribunal's order in the matter related to the company's Rs 4,000 crore equity capital raise plan. The matter is pending before the apex court
Mon, Jul 12, 2021
SEBI has sought a response from PNB Housing Finance Limited regarding its proposed Rs 4000 cr deal with American private equity player Carlyle. The market regulator has sent a letter to PNB Housing Finance finding it in an “apparent transgression of law” asking the mortgage lender to explain why action must not be taken against the company
On 25 June 2021, Sebi sent a letter to the Independent Directors and the company. SEBI has questioned the PNB Housing Finance Company and the Directors over allegedly not following the share valuation rules. The market regulator has written a letter after it found that the company did not act in a responsible manner
Sun, Jul 04, 2021
Though, the US Markets will remain closed on Monday on account of its Independence Day, markets will not be short of action in India. The stocks of India Pesticides Limited IPO (Initial Public Offering) will be listed on 5 July 2021. The rights issue of Aditya Birla Fashion and Retail will also open on Monday with a final price at Rs 27.50 per share
Mon, Jun 21, 2021
The Extraordinary General Meeting (EGM) of the PNB Housing Finance Company on Tuesday is expected to go as per the plan. The company has got a relief with the Securities Appellate Tribunal (SAT) allowing the mortgage lender to seek vote from shareholders on the Rs 4000 crore capital deal with the American private equity player Carlyle. Zee Business’ Brajesh Kumar brings the full story!
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