PNB Housing Finance proposes D. Surendran as new nominee non-executive director

PNB Housing Finance Limited (PNBHFL) has issued a postal ballot notice to its shareholders for the appointment of Mr. D. Surendran (DIN: 10174317) as a nominee non-executive director. The appointment, effective from August 23, 2025, is for a term not exceeding five years and is subject to shareholder approval. Mr. Surendran was appointed as an additional director by the board and has been nominated by Punjab National Bank (PNB).

The remote e-voting period for this resolution commences on Wednesday, October 15, 2025, at 09:00 A.M. (IST) and will conclude on Thursday, November 13, 2025, at 05:00 P.M. (IST). The cut-off date for determining members entitled to vote is Friday, October 10, 2025. The results of the postal ballot are expected to be announced on or before Saturday, November 15, 2025.

Mr. Surendran brings 35 years of experience in the banking sector, having started his career with Canara Bank in July 1990. He has served in various leadership roles and is currently an executive director at Punjab National Bank. He is also a member of several committees within PNB, including the Management Committee and IT Strategy Committee, and holds committee memberships within PNBHFL, such as the Nomination and Remuneration Committee.