PNB Housing Finance shareholders approve nominee director Surendran

PNB Housing Finance Limited announced the successful approval of the resolution to appoint D. Surendran as nominee non-executive director, following a postal ballot process concluded on November 13, 2025. The e-voting results, disclosed on November 14, 2025, show a significant majority in favor, with 99.0101% of the total votes polled assenting to the resolution. The total votes polled amounted to 20,94,50,930, representing an 80.4008% participation rate on outstanding shares.

The remote e-voting period commenced on October 15, 2025, and concluded on November 13, 2025. Of the 20,94,50,930 valid votes, 20,73,77,661 were cast in assent, while 20,73,269 votes were cast in dissent, accounting for 0.9899% of the total votes polled. The company’s paid-up share capital as of the cut-off date, October 10, 2025, was INR 2,60,50,85,630, divided into 26,05,08,563 equity shares of INR 10 each.

The resolution was deemed passed with the requisite majority on November 13, 2025. This postal ballot was conducted in compliance with Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013. The scrutinizer, Sujeet Kumar of Sanjay Grover & Associates, confirmed the voting process was conducted fairly and transparently using the NSDL e-voting facility.