Page 3 - Pnb Housing Finance

SAT allows vote on Carlyle's Rs 4,000-crore infusion in PNB Housing

Results not allowed to be disclosed; Tribunal allows Tuesday EGM to go ahead

PNB Housing hits 5% lower circuit as Sebi halts deal with Carlyle

Sebi has directed the company to undertake valuation of shares by an independent registered valuer as per the provisions of applicable laws

PNB Housing hits 5% upper circuit after 25% fall from 52-week high

In May, PNB Housing Finance had announced that it will raise Rs 4,000 crore from a clutch of investors, led by existing stakeholder Carlyle group, by way of issuing preference shares and warrants

Market cautious on HFCs; concerns over growth, asset quality weigh

The major players all seem confident of fast revival in demand once conditions normalise

PNB Housing Fin says pricing for Rs 4,000 cr-deal in line with mkt practice

This comes amid concerns raised in certain quarters about its proposed deal with Carlyle group

National Housing Bank imposes Rs 80,000 fine on PNB Housing Finance

National Housing Bank (NHB) has imposed a penalty of Rs 80,000 on PNB Housing Finance for not complying with loan disbursement norms in 2015.

Regulators to look into PNB Housing Fin's plan to raise Rs 4,000 cr

The company's board has cleared a proposal to raise up to Rs 4,000 crore by issuing preference shares and convertible warrants to Carlyle Group firms and other entities.

Carlyle deal struck after due diligence, says PNB Housing Finance

Issue price arrived at after valuation by a CA, firm adds

This housing finance company's stock has zoomed over 100% in 6 days

The stock of PNB Housing Finance has zoomed 101 per cent post its announcement that its board approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to Carlyle Group

PNB Housing: Fundamentals need to catch up with the stock now, say analysts

The fact that the capital raising plan was nearly double than what the Street had expected (Rs 1,800 crore) has helped the counter jump a massive 279 per cent from its 52-week low level

PNB Housing Finance must look at cost of funds, rising defaults: Experts

It factored in clarity around the equity fundraise in recent months and continued strong resource-raising ability at competitive rates

PNB Housing surges 44% in 2 days on large capital infusion by Carlyle Group

The announced large equity infusion should significantly improve the confidence of fixed income and equity markets and bring PNB Housing Finance back on the growth path, Morgan Stanley said

Carlyle Group to acquire controlling stake in PNB Housing Finance

Aditya Puri to come on board; Carlyle to appoint chairperson

PNB Housing Fin zooms 20% on board nod to raise Rs 4,000 crore

Carlyle has agreed to invest up to Rs 3,185 crore through a preferential allotment of equity shares and warrants, at a price of Rs 390 per share

PNB HFC raising up to Rs 4,000 cr in equity; Carlyle group among investors

Aditya Puri, former CEO of HDFC Bank will also infuse capital transactions.

PNB HF eyes single digit growth in AUM, 15-16% in disbursement in FY22

The Delhi-based mortgage lender's AUM shrank from Rs 83,346 crore as on March 31, 2020 to Rs 74,470 crore as on March 31, 2021

PNB Housing Finance: Successful fundraise key to sentiment revival

Asset quality issues and pale growth justify the weak valuation

No capital infusion by Punjab National Bank in housing finance subsidiary

PNB Housing Finance Ltd had informed about its plan to raise tier I capital up to Rs 1,800 crore through various modes including QIP, preferential issue of shares or a rights issue

PNB Housing Finance plans tie-ups with banks for co-lending in housing

PNB Housing Finance is looking at forging tie-ups with some banks for co-lending in the housing loan sector

Closely monitoring inventory, asking builders to start selling: PNB Housing

In the last quarter ended September 2020, the number of log-ins for the company improved to 17,063 from just 5,071 in the preceding quarter ended June 2020