Wed, Nov 13, 2024
The block deal has also raised concerns regarding the potential for further offloading of shares in the future.
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Fri, Sep 13, 2024
The shares were acquired at an average price of Rs 1,097.30 apiece, taking the deal value to Rs 178 crore.
Mon, Jun 24, 2024
Girish Kousgi, MD & CEO, PNB Housing Finance also serves as a director on the board of PNB Housing Finance's subsidiaries, namely PHFL Home Loans and Services Limited and PEHEL Foundation. He was appointed to the Board with effect from October 21, 2022.
Tue, Nov 01, 2022
During the COVID pandemic, housing shortage in the country increased because of mobility issues, but after that the demand kept quite well, Girish Kousgi, Managing Director and Chief Executive Officer PNB Housing Finance said.
Mon, Aug 08, 2022
The loan book declined by 45 per cent in the first quarter of 2022-23 compared to the year-ago period on account of sell-offs and accelerated prepayments.
Thu, Jun 30, 2022
PNB Housing Finance on Thursday said it will seek shareholders' approval next month to raise Rs 12,000 crore in debt capital.
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.
Thu, Mar 24, 2022
SBI said the partnerships are aimed at sanctioning home loans to the unserved and underserved sector in line with RBI guidelines.
Thu, Jan 20, 2022
Total income during October-December period of 2021-22 stood at Rs 1,495.61 crore, down by 26.8 per cent from Rs 1,896.35 crore in same quarter of 2020-21, PNB Housing Finance said in a regulatory filing
Tue, Nov 02, 2021
PNB Housing Finance, promoted by state-owned Punjab National Bank (PNB), also said its board scrapped the Rs 4,000 crore preferential issue
Mon, Aug 09, 2021
SEBI Vs PNB HFC Case: As the judgment of the tribunal was split, the interim order would continue and both parties can approach Supreme Court
Mon, Jul 12, 2021
In the Carlyle deal case, market regulator SEBI has written a second letter to PNB Housing Finance asking questions as to why the company did not give equal opportunity to all the shareholders. Due to which PNB Housing Finance argued in the SAT.
Fri, Jul 09, 2021
A proxy advisory firm has raised questions on PNB Housing Finance's decision to raise up to Rs 4,000 crore by way of preferential issue of shares instead of a rights issue, and termed it an "unfair transaction" which is against public shareholders as well as the promoter bank PNB.
Thu, Jul 08, 2021
PNB Housing Finance and its parent Punjab National Bank are on different pages when it comes to the housing finance company's proposed preferential issue worth Rs 4,000 crore to entities led by The Carlyle Group Inc.
The shares of PNB Housing Finance were locked at an upper circuit of 5 per cent to day’s high level of Rs 720.55 per share, as the company mulls restructuring capital infusion deal by Carlyle Group.
Tue, Jul 06, 2021
The Securities Appellate Tribunal (SAT) has adjourned its hearing on the matter of PNB Housing's proposed preferential issue worth Rs 4,000 crore to entities led by The Carlyle Group Inc for July 12, Monday.
Fri, Jun 25, 2021
PNB Housing Finance shareholders have passed with requisite majority the resolutions regarding appointment of Hardayal Prasad as managing director and CEO and re-appointments of others on the company's board.
Wed, Jun 23, 2021
PNB Housing Finance on Wednesday said it will disclose the outcome of shareholders' meeting held a day earlier -- on Rs 4,000 crore capital infusion led by Carlyle Group -- in accordance with the order of the Securities Appellate Tribunal next month.
Mon, Jun 21, 2021
Shares of PNB Housing Finance on Monday dipped 5 per cent after the Sebi restrained the company from going ahead with shareholders' voting on the proposed Rs 4,000 crore-deal with Carlyle group.
Mon, Jun 07, 2021
PNB Housing share price is locked at 5% upper circuit on Monday, June 7. PNB Housing Finance share price today is 881.4, up Rs 42. The market cap of the company is Rs 14830 cr. PNB Housing share price has risen nearly 4.5 times from its 52 week low. PNB Housing Finance Board has approved Capital Raising Proposal of Rs 4000 cr by Carlyle Group. PNB Housing Finance share price has doubled in the past 7 sessions
Wed, Jun 02, 2021
PNB Housing share price is locked at 10% upper circuit today. PNB Housing Finance share price today is Rs 693.8, up Rs 63. The market cap of the company is Rs 11674 cr. PNB Housing share price has risen by 50% in the last 3 sessions. PNB Housing Finance Board has approved Capital Raising Proposal of Rs 4000 cr by Carlyle Group. The stock has continuously moved up after this news came on the exchanges 3 days ago on Monday, 31/5/2021
Tue, Jun 01, 2021
PNB Housing Finance share price: Morgan Stanley said that the announcement of the large equity infusion should significantly improve confidence of fixed income and equity markets and bring PNB Housing Finance back on a growth path. Morgan Stanley believes this capital infusion could materially accelerate the business turnaround they have been writing about. Morgan Stanley discusses proforma impact herein. Morgan Stanley maintains overweight rating on PNB Housing Finance with price target of Rs 600
Mon, May 31, 2021
PNB Housing Finance Board has approved Capital Raising Proposal of Rs 4000 cr by Carlyle Group. The transaction is subject to customary regulatory approvals as well as shareholder approval. Pursuant to the Securities and Exchange Board of India’s Takeover Regulations, the proposed transaction will trigger a mandatory open offer by Pluto Investments, for the purchase of up to 26% equity shares of PNB Housing Finance from public shareholders
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!["Our focus on affordable & emerging market segments will help us maintain asset quality," says Girish Kousgi, MD & CEO, PNB Housing Finance](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2024/06/25/301393-whatsapp-image-2024-06-25-at-13146-pm.jpeg?itok=y7DGMsWD&c=86425cccd3703e5f4e2f9fdee192abb6 ""Our focus on affordable & emerging market segments will help us maintain asset quality," says Girish Kousgi, MD & CEO, PNB Housing Finance")
