PNB Housing Finance Allots ₹300 Crore in Non-Convertible Debentures
PNB Housing Finance Ltd. announced the allotment of ₹300 crore in Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) on March 30, 2026. The allotment was approved by the company’s Management Committee and executed through a private placement via the Electronic Book Provider (EBP) platform of the National Stock Exchange of India Ltd.The offering consists of 30,000 NCDs with a face value of ₹100,000 each. The NCDs will be listed on the Wholesale Debt Market (WDM) segment of the NSE. The instruments have a tenure of 3 years, maturing on March 30, 2029.The initial coupon rate is set at 7.10%, with subsequent rates linked to a floating rate...