PNB Housing Finance Limited has informed the Exchange regarding Cessation of Mr. Nilesh Shivji Vikamsey as Non- Executive Independent Director of the company w.e.f. April 21, 2026.
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PNB Housing Finance Limited has announced the completion of tenure of Mr. Nilesh Shivji Vikamsey as an Independent Director, effective April 21, 2026. Mr. Vikamsey served as an Independent Director and chaired the Audit Committee during his tenure. The Board has expressed sincere appreciation for his outstanding service and contributions to the company. This is a routine governance change as independent directors typically serve fixed terms under SEBI regulations. The company has filed this disclosure under Regulation 30 of the SEBI Listing Regulations, 2015.
This is a standard tenure completion for an independent director and does not indicate any governance concerns. Shareholders should note the change in board composition, but this is a normal, expected transition that occurs when fixed director terms expire.