With an entitlement ratio of 29:54, PNB Home Finance raises 2,500 Cr through a rights issuance.
The board of PNB Housing Finance Ltd. has authorised a rights issue of approximately 9.06 crore shares at a price of 275 per share in order to raise up to 2,500 crore. The board approved the right entitlement ratio of 29:54 at its meeting on March 28. Under this ratio, 29 equity shares would be […]