PNB Housing Finance board to consider fundraising plan on November 2

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PNB Housing Finance

Non-bank mortgage lender, PNB Housing Finance on October 20 said its board will consider the issuance of Non-Convertible Debentures on private placement basis aggregating up to Rs 2,000 crore in tranches on November 2 , it said in an exchange release.

The board will also approve financial results for July-September quarter on the same day.

This follows-up after the PNB Housing Finance and Carlyle had called off the proposed fund raise of Rs 4,000 crore on October 14 due to legal delays in the procedure.

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