Strategically, enterprise transformation is underway with new agenda to focus on mass retail housing, construct the high-yield Unnati portfolio and drive effectivity via value administration. PNB Housing Finance’s (PNBHF’s) Board approval for preferential concern, to boost Rs 40 bn @ Rs 390 per share, reduces the overhang on a lot awaited fairness infusion and/or stake
PNB Housing Finance
The open provide worth could be Rs 403.22 per share, the report added. Shares of PNB Housing Finance remained locked on the higher circuit on Monday with Aditya Puri and Carlyle Group rising as key buyers within the firm. The mortgage participant’s board accredited a fund-raise of as much as Rs 4,000 crore by a