PNB HF mulls raising ₹35,000-cr. debt capital
The Hindu
SAT order on Carlyle deal triggers move
PNB Housing Finance is now looking to raise ₹35,000 crore debt, after facing legal hurdles in the Carlyle group deal, days after SAT gave a split verdict in the matter. The company will seek shareholders’ nod at its annual general meeting (AGM) on September 3, PNB Housing Finance said in a regulatory filing on Wednesday. The company said it will seek shareholders’ approval for further fund raising by way of debt issue.
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