Announced Fri, 10 Jul · 13:25 IST
PNB Housing board sets dividend record date, adds 2 independent directors
Management Changes View source PDF
PNBHOUSING · price
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Price reaction · full curve 14 horizons · vs prior close
+3.4%1-day move
₹1085.40
prior close
₹1111.00
base price
In-mkt
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AI summary
PNB Housing Finance board fixed July 31, 2026 as record date for FY26 dividend, pending AGM approval. Two new independent directors appointed: Mr. Shreekant (ex-SBI, 34 years banking experience) and Mr. Rajiv Kumar Singh (chartered accountant and valuation expert), each for 3 years. Board also proposed altering Articles of Association and seeking shareholder approval to raise up to Rs 10,000 crore through non-convertible debentures on private placement.
Likely market impact
Dividend record date set for July 31. Board strengthened with two new independent directors. Rs 10,000 crore NCD raise planned subject to shareholder approval.