Hot Pursuit     17-Nov-23
PNB Housing to raise Rs 3,500 cr via NCDs
The housing finance firm’s board of directors approved issuance of non convertible debentures (NCDs) upto Rs 3,500 crore on private placement basis.
The company said that the debentures will be issued in tranches over the next six months.

On a consolidated basis, net profit PNB Housing Finance jumped 45.8% to Rs 383 crore on 5.5% increase in net sales to Rs 1,779.40 crore in Q2 FY24 over Q2 FY23.

PNB Housing Finance is a deposit-accepting housing finance company, with second largest deposits outstanding within housing finance companies. The company provides housing loans to individuals for purchase, construction, repair, and upgrade of houses.

The scrip rose 0.99% to currently trade at Rs 783.05 on the BSE.

Previous News
  PNB Housing Finance
 ( Analyst Meet / AGM - Conference Call 30-Apr-24   12:31 )
  PNB Housing Finance to announce Quarterly Result
 ( Corporate News - 16-Jan-24   12:09 )
  PNB Housing to raise Rs 3,500 cr via NCDs
 ( Hot Pursuit - 17-Nov-23   11:37 )
  PNB Housing Finance Board approves issue of NCDs issue of up to Rs 3500 cr
 ( Corporate News - 24-Nov-23   20:10 )
  Volumes soar at ITI Ltd counter
 ( Hot Pursuit - 16-Jan-24   14:30 )
  PNB Housing board OKs raising Rs 3,500 cr via NCDs
 ( Hot Pursuit - 25-Nov-23   14:45 )
  PNB Housing Finance consolidated net profit rises 45.83% in the September 2023 quarter
 ( Results - Announcements 23-Oct-23   17:21 )
  PNB Housing Finance consolidated net profit rises 47.82% in the June 2023 quarter
 ( Results - Announcements 24-Jul-23   14:30 )
  PNB Housing Q2 PAT jumps 49% YoY to Rs 383 cr
 ( Hot Pursuit - 25-Oct-23   10:20 )
  PNB Housing Finance announces board meeting date
 ( Corporate News - 09-Oct-23   16:42 )
  PNB Housing board OKs raising Rs 5,000 cr via NCDs
 ( Hot Pursuit - 23-Jun-23   09:56 )
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