PNB Housing Finance 38th AGM Approves Key Resolutions

Date: Monday, August 17, 2026
Time: 03:00 P.M. (IST)
Location: Conducted through two-way Video Conferencing (VC) with deemed venue at the Registered Office of the Company in New Delhi
Type: 38th Annual General Meeting

The following resolutions were transacted during the meeting:

Ordinary Business:

Agenda 1: Adoption of Consolidated and Standalone financial statements for the year ended March 31, 2026, together with the Reports of the Board and Auditors thereon (Ordinary Resolution)
Agenda 2: Declaration of Dividend (Ordinary Resolution)
Agenda 3: Re-appointment of Mr. D. Surendran as Director (Ordinary Resolution)

Special Business:

Agenda 4: Approval for material related party transactions with Punjab National Bank (Ordinary Resolution)
Agenda 5: Approval for material related party transactions with PNB Gilts Limited (Ordinary Resolution)
Agenda 6: Offer or invitation for subscription of Non-Convertible Debentures (NCDs) or bonds, secured or unsecured, of any nature up to an amount not exceeding Rs.10,000 Crore, on private placement (Special Resolution)
Agenda 7: To approve increase in borrowing limits of the Company from Rs.1,05,000 Crore to Rs.1,50,000 Crore under Section 180(1)(c) of the Companies Act, 2013 (Special Resolution)
Agenda 8: To approve creation of charge/mortgage over the movable and immovable properties of the Company, in respect of borrowing in terms of Section 180(1)(a) of the Companies Act, 2013 (Special Resolution)
Agenda 9: Appointment of Mr. Shreekant as an Independent Director of the Company (Special Resolution)
Agenda 10: Appointment of Mr. Rajiv Kumar Singh as an Independent Director of the Company (Special Resolution)

The Company provided e-voting facilities for all resolutions:

Remote e-Voting Period: Commenced on Thursday, August 13, 2026, at 09:00 A.M. and ended on Sunday, August 16, 2026, at 05:00 P.M.
E-Voting during AGM: The e-Voting platform remained open for 30 minutes post conclusion of the AGM for members who could not cast votes through remote e-Voting
Scrutinizer: Mr. Kapil Dev Taneja of Sanjay Grover & Associates, Practicing Company Secretaries, was appointed to scrutinize the voting process

Total Members Attended: 197 members attended the meeting
Voting Results: The combined e-voting results and Scrutinizer's Report will be submitted to the Stock Exchanges separately and placed on the Company's website
Quorum: The requisite quorum was present throughout the meeting

The meeting was conducted in compliance with:

Directors Present:

Directors Absent:

Other Key Attendees:

Mr. Vinay Gupta (Chief Financial Officer)
Ms. Veena G Kamath (Company Secretary)
Representatives of Statutory Auditors: Mr. Navin Kumar Jain (M/s M.M Nissim & Co LLP) and Ms Gauri Tardalkar (M/s CNK & Associates LLP)
Representative of Secretarial Auditor: Ms. Nitu Poddar (Vinod Kothari & Company)
Scrutinizer: Mr. Kapil Dev Taneja (Sanjay Grover & Associates)

The Chairman presented his statement and the Managing Director & CEO delivered his message to members
The Statutory Auditor's Report and Secretarial Auditor's Reports were read out by the Company Secretary
Members had the opportunity to discuss and seek clarifications on financial statements and agenda items
Clarifications were addressed by Dr. Tejendran Mohan Bhasin (Chairman) and Mr. Ajai Kumar Shukla (Managing Director & CEO)
The meeting concluded at 05:20 P.M. (IST)