StockWatch
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Housing Finance Company
Loan & Debt7 Sept 2026, 08:10 pm

PNB Housing Finance Approves NCD Issuance Up to ₹10,000 Crore

AI Summary

PNB Housing Finance Ltd's Board of Directors, in a meeting held on September 07, 2026, approved the issuance of Non-Convertible Debentures (NCDs) up to a maximum amount of INR 10,000 crore. These NCDs will be issued on a private placement basis, in one or more tranches, with or without a green shoe option. The NCDs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of India Ltd. (NSE) and/or BSE Ltd. Additionally, the relieving date for the Chief Information Officer, Mr. Anubhav Rajput, has been extended to September 30, 2026, to ensure a smooth handover process.

Key Highlights

  • Board approved NCD issuance up to INR 10,000 crore.
  • NCDs to be issued on private placement basis in tranches.
  • Proposed listing on NSE and/or BSE WDM segments.
  • CIO's departure date extended to September 30, 2026.