PNB Housing Finance Limited has announced the allotment of 41,015 equity shares on March 20, 2026, following the exercise of stock options and restricted stock units by eligible employees. The allotment was executed under three employee benefit schemes operated by the housing finance company.
Share Allotment Details
The company allotted equity shares with distinctive numbers ranging from 26,05,08,564 to 26,05,49,578, each carrying a nominal value of INR 10. The allotment was made pursuant to the exercise of options under ESOP Scheme 2018, RSU Scheme 2020, and ESOP Scheme 2022.
Parameter: Details Shares Allotted: 41,015 Nominal Value: INR 10 per share Allotment Date: March 20, 2026 Distinctive Numbers: 26,05,08,564 to 26,05,49,578 Money Realized: INR 61,33,630
Updated Share Capital Structure
Following the allotment, PNB Housing Finance's paid-up equity share capital has increased to INR 2,60,54,95,780, consisting of 26,05,49,578 equity shares of INR 10 each. The newly allotted shares will rank pari-passu with existing equity shares of the company.
Exercise Price Structure
The exercise prices varied across different schemes, reflecting the market conditions at the time of grant:
Scheme: Exercise Price (INR) Premium (INR) ESOP Scheme 2018: 345.30, 345.20 335.30, 335.20 RSU Scheme 2020: 10.00 Nil ESOP Scheme 2022: 643.40, 483.15 633.40, 473.15
Regulatory Compliance
The allotment was made in compliance with SEBI (LODR) Regulations, 2015, and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has provided detailed disclosures as required under Regulation 30 of SEBI (LODR) Regulations and Regulation 10(c) of SEBI SBEB Regulations.
Listing and Next Steps
PNB Housing Finance will apply for listing of the newly allotted equity shares on National Stock Exchange of India Limited and BSE Limited in due course. The diluted earnings per share pursuant to the issue stands at 78.67, calculated on a provisional basis using profit for February 2026.
PNB Housing Finance Limited's senior management participated in a virtual investor meeting organized by Morgan Stanley on March 16, 2026, engaging with institutional investors to discuss the company's business outlook and strategic direction.
Management Participation
The housing finance company was represented by three key executives during the virtual session. Managing Director & CEO Ajai Kumar Shukla led the discussions, supported by Chief Financial Officer Vinay Gupta and National Head of Corporate Planning & Investor Relations Chaitanya Yadav.
Meeting Details: Information Event: Morgan Stanley India Financials Virtual Investor Group Meeting Date: March 16, 2026 Time: 03:45 P.M. – 04:45 P.M. (IST) Format: Virtual Group Meeting
Investor Participation
The meeting attracted significant participation from the institutional investment community, with 45 prominent fund managers and asset management companies attending the session. Notable participants included:
Global Asset Managers: Goldman Sachs Asset Management, Franklin Templeton Investments, Morgan Stanley Investment Management, and Oaktree Capital
Domestic Mutual Funds: HDFC Asset Management Company, SBI Mutual Fund, Nippon India Mutual Fund, and Axis Asset Management Company
Insurance Companies: Bajaj Finserv Asset Management Company, Aditya Birla Sunlife Insurance, and Axis Max Life Insurance
Alternative Investment Firms: Premji Invest, 360 One Asset Management Company, and White Oak Capital Management
Discussion Topics
The management team addressed various aspects of the company's operations and strategic positioning during the hour-long session. Key discussion areas included:
Business strategy and operational framework
Margin analysis and profitability metrics
Asset quality assessment and risk management
Return profile and financial performance indicators
Future outlook and growth prospects
Regulatory Compliance
PNB Housing Finance emphasized that all discussions were based on information already available in public domain through investor presentations, earnings call recordings, transcripts, and press releases previously submitted to stock exchanges. The company confirmed that no unpublished price sensitive information was shared during the meeting, ensuring full compliance with regulatory requirements.
This investor engagement was conducted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with appropriate intimation provided to both BSE Limited and National Stock Exchange of India Limited.
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