PNB Housing Finance Limited board convened July 10, 2026, and set July 31, 2026 as the record date for determining dividend eligibility for financial year 2025-26. The board approved issuing non-convertible debentures up to Rs 10,000 crore on a private placement basis in one or more tranches. Shareholders must approve the NCD issuance at the upcoming annual general meeting.
PNB Housing Finance Limited appointed Mr. Shreekant as an additional independent director effective July 10, 2026, for a three-year term. Shreekant brings 34 years of banking experience, previously serving as Chief General Manager heading State Bank of India's real estate and housing vertical, driving the business to Rs 5 trillion in assets under management.
The board appointed Mr. Rajiv Kumar Singh as an additional independent director effective July 10, 2026, for three years. Singh is a fellow chartered accountant with nearly three decades of experience in banking, financial services, risk management, valuation and corporate finance. He has served as an independent director on Union Bank of India's board.
Board members approved amendments to the articles of association, removing obsolete provisions, aligning share certificate and common seal requirements with current regulations, and rationalizing shareholder nomination rights and board composition. These changes will update notice service and document authentication procedures.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.