The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for GIC Pvt Ltd
PNBHOUSING · price
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Awaiting price reaction for this filing.
GIC Private Limited, acting on behalf of the Government of Singapore and the Monetary Authority of Singapore, sold 232,216 equity shares (0.089%) of PNB Housing Finance via open market on 28 July 2025. GOS sold 195,625 shares (0.075%) and MAS sold 36,591 shares (0.014%). Post-sale, GIC's combined holding in PNB Housing Finance dropped from 5.484% (14,265,843 shares) to 5.388% (14,033,627 shares). GIC is classified as a non-promoter (FII category). The disclosure was triggered because cumulative sales by GIC since its last disclosure on 11 September 2024 crossed the 2% reporting threshold, taking its stake from 7.41% down to 5.388%.
A continued reduction by a major sovereign wealth fund investor (GIC) signals waning institutional confidence and may exert mild downward pressure on the stock. Shareholders should note that this is part of a gradual exit by GIC over several months rather than a single large block sale.