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 consolidated net profit rises 45.83% in the September 2023 quarter
 ( Results - Announcements 23-Oct-23   17:21 )
  PNB Housing Finance announces board meeting date
 ( Corporate News - 09-Oct-23   16:42 )
  PNB Housing Q2 PAT jumps 49% YoY to Rs 383 cr
 ( Hot Pursuit - 25-Oct-23   10:20 )
  PNB Housing Finance consolidated net profit declines 24.92% in the September 2021 quarter
 ( Results - Announcements 02-Nov-21   18:34 )
  PNB Housing Finance slumps after dismal Q3 performance
 ( Hot Pursuit - 21-Jan-22   13:29 )
  PNB Housing Finance receives ratings migration for its FD programme
 ( Corporate News - 24-Jun-22   19:16 )
  PNB Housing Finance approves grant of ESOP
 ( Corporate News - 25-Oct-22   10:25 )
  PNB Housing Finance announced appointment of nominee director
 ( Corporate News - 29-Apr-22   20:27 )
  PNB Housing Finance grants 18,000 stock options under ESOP
 ( Corporate News - 18-Jul-23   17:05 )
  PNB Housing Finance consolidated net profit declines 14.59% in the September 2020 quarter
 ( Results - Announcements 28-Oct-20   18:00 )
  PNB Housing Finance schedules board meeting
 ( Corporate News - 05-Mar-22   10:14 )
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