PNB Housing Finance Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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PNB Housing Finance has disclosed voting results from a postal ballot concluded on March 12, 2026, covering three ordinary resolutions, all of which were passed by shareholders. Resolution 1 approved the appointment of Mr. Ajai Kumar Shukla (DIN: 11358498) as Managing Director and CEO with 99.50% votes in favour (21.12 crore shares), with full promoter support and 99.36% institutional backing. Resolution 2 approved the appointment of Mr. Dipankar Mahapatra (DIN: 09446502) as Nominee Non-Executive Director with 87.77% votes in favour, though it saw notably lower institutional support at 81.40% with 12.23% dissent. Resolution 3 approved payment of sitting fees to Mr. Dilip Kumar Jain, Non-Executive Nominee Director, with 99.92% approval. Voting was conducted via remote e-voting through NSDL between February 11 and March 12, 2026, and scrutinized by Sanjay Grover & Associates.
The most material outcome is the formal shareholder approval of Mr. Ajai Kumar Shukla as the new MD & CEO, signaling leadership continuity at the top of the housing finance company. Resolution 2's 12.23% dissent from institutional investors is mildly notable but not enough to block the appointment. Overall, the resolutions confirm a smooth board transition with strong shareholder backing.