Announced Fri, 10 Jul · 13:19 IST
Board sets July 31 dividend record date, appoints two independent directors
Management Changes View source PDF
PNBHOUSING · price
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₹1085.40
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₹1110.80
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AI summary
PNB Housing Finance board set July 31 as record date for FY26 dividend, pending AGM approval. Two new independent directors for 3-year terms: Mr. Shreekant (ex-SBI top executive, 34 years in banking and housing) and Mr. Rajiv Kumar Singh (chartered accountant in audit, risk and valuation). Board also seeks shareholder nod for INR 10,000 crore NCD raise on private placement and AOA amendments.
Likely market impact
Dividend record date is July 31. New independent directors add banking expertise. INR 10,000 crore NCD raise and AOA changes go to AGM for shareholder approval.