PNB Housing Finance shares plunge 8% amid block deal
Asia Opportunities V Mauritius and General Atlantic Singapore Fund were looking to offload shares worth ₹500 crore in PNB Housing via block deal.
Asia Opportunities V Mauritius and General Atlantic Singapore Fund were looking to offload shares worth ₹500 crore in PNB Housing via block deal.
The Shriram group flagship will sell its entire 85% stake in Shriram Housing Finance (SHFL) to Warburg Pincus for ₹4,630 crore.
The three-day IPO of Aadhar Housing Finance will open on May 8, while shares are expected to list on May 15.
Last week, ICRA and CARE upgraded PNB Housing Finance's long-term ratings, citing its improved asset quality metrics as well as strengthened capitalisation profile.
Shares of HDFC were delisted from stock exchanges today, ending its 4-decade long journey on bourses, and started trading under HDFC Bank ticker.
“It is my time to hang my boots with both anticipation and hope for the future," says Parekh in his last letter to HDFC’s shareholders.
The board of PNB Housing Finance has approved the issuance of non-convertible debentures aggregating up to ₹5,000 crore on a private placement basis.
The Piramal Group company aims to have a team of over 300 professionals at the Innovation Lab in Bengaluru by the end of FY23.
Continuing its gaining streak for the seventh straight session, the housing finance company rose 12.14% to hit a fresh life-time high of ₹159.3 on Tuesday
The board of PNB Housing Finance on Tuesday approved the issuance of non-convertible debentures aggregating up to ₹2,000 crore on a private placement basis.