Hot Pursuit     25-Nov-23
PNB Housing board OKs raising Rs 3,500 cr via NCDs
The housing finance company announced that its board has approved issuance of non - convertible debentures (NCDs) up to Rs 3,500 crore on 24 November 2023.
The issue will be done on private placement basis, in tranches over the next six months.

PNB Housing Finance is a deposit-accepting housing finance company, with second largest deposits outstanding within housing finance companies. As on 30 September 2023, Punjab National Bank held 28.14% in the company.

The firm's consolidated net profit jumped 45.8% to Rs 383 crore on 5.7% increase in total income to Rs 1,779.40 crore in Q2 FY24 over Q2 FY23.

The scrip declined 1.56% to close at Rs 784.30 on Friday, 24 November 2023.

Previous News
  PNB Housing Finance allots 9.06 cr rights equity shares
 ( Corporate News - 04-May-23   18:01 )
  PNB Housing Finance receives update in credit ratings from ICRA
 ( Corporate News - 28-Mar-24   18:33 )
  PNB Housing Finance
 ( Analyst Meet / AGM - Conference Call 26-Jan-23   23:38 )
  PNB Housing Finance allots 1.65 lakh equity shares under ESOP
 ( Corporate News - 19-Nov-22   12:42 )
  ICRA upgrades ratings of PNB Housing to 'AA+' with 'stable' outlook
 ( Hot Pursuit - 29-Mar-24   10:27 )
  PNB Housing Finance Board to mull fund raising upto Rs 5,000 cr
 ( Hot Pursuit - 17-Jun-23   16:01 )
  PNB Housing Finance allots 9,183 equity shares under ESOP
 ( Corporate News - 29-Jun-22   15:46 )
  PNB board OKs infusing Rs 500 cr in PNB Housing Finance
 ( Hot Pursuit - 08-Jun-22   10:12 )
  PNB Housing Finance appoints Independent Director
 ( Corporate News - 27-Oct-22   16:43 )
  PNB Housing Finance allots 2,140 equity shares under ESOP
 ( Corporate News - 29-Sep-22   18:19 )
  PNB Housing Finance to announce Quarterly Result
 ( Corporate News - 17-Jun-23   17:09 )
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