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PNB Housing hits the roof after board OKs capital raise proposal of Rs 4,000 cr

Read more about PNB Housing hits the roof after board OKs capital raise proposal of Rs 4,000 cr on Business Standard. PNB Housing Finance hit an upper circuit of 20% at Rs 525.20 after the company announced that its Board has approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to The Carlyle Group Inc.

Carlyle-led firms to invest ₹3,185 cr in PNB Housing Finance

PNB Housing Finance to raise Rs 4,000 crore led by Carlyle

New Delhi [India], May 31 (ANI): PNB Housing Finance Ltd said on Monday its board of directors has approved a capital raise of up to Rs 4,000 crore led by entities affiliated to Carlyle Group Inc.

Board of PNB Housing Finance approves capital raise of up to Rs 4000 cr

Read more about Board of PNB Housing Finance approves capital raise of up to Rs 4000 cr on Business Standard. Pluto Investments S.a.r.l., an affiliated entity of Carlyle Asia Partners IV, L.P. and Carlyle Asia Partners V, L.P. (together, Carlyle) has agreed to invest up to Rs 3,185 crore through a preferential allotment of equity shares and warrants, at a

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