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PNB to sell 6 per cent stake in PNB Housing Finance

Punjab National Bank on Monday said it will off-load up to six per cent of its stake in PNB Housing…

PNB to sell 6 per cent stake in PNB Housing Finance

(Photo: SNS)

Punjab National Bank on Monday said it will off-load up to six per cent of its stake in PNB Housing Finance.

According to a BSE filing, the state-run bank plans to sell up to 99,94,000 equity shares.

The offer will be opened on November 28 for non-retail investors only and on November 29 “for Retail Investors and for non-Retail Investors who choose to carry forward their bids.”

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