PNB Housing Finance Limited has informed the Exchange regarding Appointment of Mr D. Surendran as Non- Executive Nominee Director of the company w.e.f. August 23, 2025.
PNBHOUSING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PNB Housing Finance has appointed Mr. D. Surendran as a Non-Executive Nominee Director on its board with effect from August 23, 2025, for a term of five years. He has been nominated by Punjab National Bank (PNB), the promoter of the company. Mr. Surendran is currently an Executive Director of PNB (since March 2025) and brings 35 years of banking experience, primarily from Canara Bank, covering branch operations, credit, and administration across multiple states. He is not related to any other director on the board, though Mr. Dilip Kumar Jain is also a PNB nominee director. The appointment was made on the recommendation of the Nomination and Remuneration Committee.
This is a routine promoter (PNB) nominee appointment and is not expected to materially affect the stock. It reinforces PNB's representation on the board of its housing finance subsidiary, which is standard for promoter-driven governance.