Wednesday, Sep 28, 2022

PNB Housing Finance


Domestic housing sector set to grow in next 5 years: PNB Housing Finance

July 04, 2022 12:37 pm

India showed resilience and recovered quickly from the pandemic induced challenges, emerging as the fastest-growing economies in the world, Hardayal Prasad, Managing Director and CEO, PNB Housing Finance, said in his address to shareholders.

PNB Housing Finance shares hit lower circuit of 5%

October 18, 2021 2:07 pm

The stock tumbled 5 per cent to its lower circuit limit of Rs 607.10 on BSE. On NSE, it declined 4.99 per cent to its lower circuit of Rs 606.75.

After red flags, PNB Housing Finance calls off its Rs 4,000-crore Carlyle deal

October 15, 2021 7:35 am

PNB Housing has terminated the share subscription agreements executed with Pluto Investments, an affiliated entity of Carlyle Asia Partners IV, and Carlyle Asia Partners V, which entailed an investment of Rs 3,185 crore.

CCI clears PNB Housing Finance deal with Carlyle

August 05, 2021 12:30 am

In a notice reviewed by FE, the CCI said: “The proposed combination involves Pluto and Salisbury acquiring up to approximately 56.29 per cent (assuming full tendering and acceptance in the mandatory open offer) and approximately 0.24 per cent of the post-preferential allotment equity share capital of PNBHF.”

No error of judgement in PNB Housing Finance deal: Rao

August 04, 2021 10:50 am

While speaking at a conference on the bank’s June quarter earnings, Rao said PNB is awaiting a decision from the Securities Appellate Tribunal (SAT) on the PNB Housing Finance-Carlyle deal

SAT to hear matter on PNB Housing-Carlyle deal next week

July 06, 2021 12:19 pm

"As sought by the company, the Securities Appellate Tribunal, in its hearing on July 5, 2021, adjourned the case for Monday, July 12, 2021," PNB Housing Finance said in a regulatory filing on Tuesday.

Cleanup in boardroom

July 05, 2021 8:34 am

Independent directors, company boards ensure checks and balance. Who gets on to them is critical to corporate governance

Shares up post Carlyle deal, top PNB Housing execs sold off ESOPs

June 25, 2021 6:55 am

Between June 2 and June 22, at least 23 senior executives of the company sold their shares worth an aggregate of over Rs 13 crore.

PNB Housing can hold EGM but concern in Govt over its Rs 4000-crore Carlyle deal

June 22, 2021 7:31 am

Officials are flagging concerns over the “fairness of process and valuation,” and the way the deal has been structured in which shares have been sold at a discount to the book value.