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PNB Housing Shares Plunge Over 11% Following CEO Girish Kousgi's Resignation

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PNB Housing Shares Plunge Over 11% Following CEO Girish Kousgi's Resignation

PNB Housing Finance shares plummeted over 11% on Friday after the company's CEO, Girish Kousgi, announced his resignation. The market reacted strongly to the news, leading to significant losses for investors.

August 1, 2025
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Girish Kousgi Resigns as MD and CEO of PNB Housing Finance

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Girish Kousgi Resigns as MD and CEO of PNB Housing Finance

Girish Kousgi, the Managing Director and CEO of PNB Housing Finance, has submitted his resignation, effective from October 28, 2025. The board has accepted his resignation, and Kousgi will step down from his roles in the company and its subsidiaries.

July 31, 2025
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Equity Market Deals in 'Wait & Watch' Mode Amid Indo-Pak Ceasefire

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Equity Market Deals in 'Wait & Watch' Mode Amid Indo-Pak Ceasefire

Amid the recent ceasefire announcement between India and Pakistan, equity market deals have entered a 'wait and watch' mode, according to top bankers. This cautious approach is influenced by the geopolitical tensions and their potential impact on the financial markets.

May 11, 2025
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PNB Housing Finance Surges 5% on Block Trade of 1.73 Crore Shares

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PNB Housing Finance Surges 5% on Block Trade of 1.73 Crore Shares

PNB Housing Finance's stock jumped 5% following a significant block trade of 1.73 crore shares. The trade only accounted for half of the total deal size, raising questions about the market's response to this transaction.

May 2, 2025
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Carlyle Group Eyes Lucrative Exit from PNB Housing with Rs 2,600 Crore Deal

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Carlyle Group Eyes Lucrative Exit from PNB Housing with Rs 2,600 Crore Deal

The Carlyle Group is gearing up to exit its stake in PNB Housing with a Rs 2,600 crore deal, following a series of phased sales that began in July 2024.

May 2, 2025
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PNB Housing Finance: Carlyle Group Entity Seeks to Divest 10.44% Stake via Block Deals

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PNB Housing Finance: Carlyle Group Entity Seeks to Divest 10.44% Stake via Block Deals

PNB Housing Finance's stock has seen a significant 11% increase in 2025, as a Carlyle Group entity prepares to divest 10.44% of its stake through block deals. Read on to understand the implications and market dynamics.

May 1, 2025
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