New Delhi, Aug. 1 -- PNB Housing Finance share price cracked 17% in the early morning trade on Friday, August 1, following the resignation of its MD and CEO Girish Kousgi before the completion of his term.

The company, in a press release issued earlier today, Kousgi has resigned and will step down from his role effective October 28, 2025. He had joined the organisation in October 2022 for four years.

The company said its strategic priorities, business focus, and growth trajectory remain firmly intact, based on the strong foundation built by Kousgi.

"The Board is confident that the Company's high-performing team, which has been instrumental in delivering its strong performance, will continue to achieve the company's goals of robust grow...