New Delhi, May 20 -- PNB Housing Finance Limited announced on Tuesday, 20 May 2025, that the company's board of directors has approved the allotment of redeemable Non-Convertible Debt (NCDs) amounting to Rs.400 crore, according to an exchange filing.

According to the filing data, the company approved the allotment of 40,000 listed, secured, taxable NCDs with a face value of Rs.1 lakh apiece.

"We hereby inform that the Management Committee for allotment of NCDs, as authorized by the Board of Directors of the Company, has today i.e. May 20, 2025, approved allotment of 40,000 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures of the face value of Rs.1,00,000 (Rupees One Lakh) each, aggregating to Rs.400 Crore (Rupees Fo...