PNB Housing allowed voting by shareholder on preferential issue
PNB Housing Finance earlier said that it has filed an appeal before the SAT against the SEBI directive to halt the company's proposed preferential issue.
PNB Housing Finance earlier said that it has filed an appeal before the SAT against the SEBI directive to halt the company's proposed preferential issue.
The capital market regulator has asked PNB Housing to undertake the valuation of shares from an independent valuer before moving ahead with the issue.
Post the transaction, Puri was expected to be nominated to the PNB Housing Finance Board as a Carlyle nominee Director in due course.
