Rights issuance of ₹2,500 Cr through PNB Housing to be finalized through December

The ₹2,500 crore-rights factor of PNB Housing Finance, a subsidiary of the state-owned Punjab Nationwide Financial institution, is predicted to be finalized through December, in line with a observation launched on Friday. After the rights factor, the corporate’s promoter shareholding of Punjab Nationwide Financial institution would pass under 30%—than its present degree of 32.57 in step …

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