PNB Housing to consider proposal of fund raising up to Rs 10,000 crore, ET RealEstate
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NEW DELHI: PNB Housing Finance‘s board of directors will consider the proposal of fund raising by issuance of non-convertible debentures (NCDs) aggregating up to Rs 10,000 crore on private placement basis in one or more tranche.
In a separate regulatory filing the company informed that its nomination and remuneration committee has considered and approved the grant of 50,000 Options representing 50,000 equity shares of Rs 10 each to eligible employee under ESOP Scheme II 2018 of the company.