PNB Housing Finance Limited has informed the Exchange about General Updates - eVoting results & Scrutinizer's report on Postal Ballot.
PNBHOUSING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PNB Housing Finance has disclosed the results of a postal ballot conducted via remote e-voting between February 11 and March 12, 2026. Three ordinary resolutions were passed by shareholders with the required majority. Resolution 1 approved the appointment of Mr. Ajai Kumar Shukla as Managing Director and CEO with 99.50% votes in favour. Resolution 2 approved the appointment of Mr. Dipankar Mahapatra as Nominee Non-Executive Director with 87.77% votes in favour, though it saw notable dissent of 12.23%, including about 18.60% of institutional votes against. Resolution 3 approved sitting fee payment to Mr. Dilip Kumar Jain, Non-Executive Nominee Director, with near-unanimous 99.92% support. The Scrutinizer (M/s Sanjay Grover & Associates) confirmed the e-voting process was conducted fairly and transparently through NSDL.
The appointment of a new MD and CEO is a key leadership change for the company, and the strong shareholder approval (99.50%) signals broad confidence. The relatively higher dissent on the nominee director appointment, particularly from institutional investors, is worth monitoring but does not affect governance since the resolution passed comfortably.