PNB Housing Finance rights issue worth ₹2,500 crore gets Sebi's approval1 min read 14 Mar 2023, 03:10 PM IST
PNB Housing will issue fully paid-up equity shares of the company by way of a rights issue to its existing shareholders for an amount not exceeding ₹2,500 crore
PNB Housing Finance has received capital markets regulator Securities and Exchange Board of India's (SEBI) approval to raise up to ₹2,500 crore through rights issue of shares. The housing finance firm had filed draft papers with Sebi in December 2022 regarding the rights issue.
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