Record Date Announcement Alert By PNB Housing Finance! Payout of Rs 5 Dividend Soon; A Good Bet?

Offering a variety of home loans and other financial products, PNB Housing Finance Ltd. is a reputable brand in the housing finance industry. According to its official website, PNB Housing Finance is the third-largest housing finance firm in India by loan assets. The record date for the final dividend for the fiscal year that concluded on March 31, 2025, has been announced by PNB Housing Finance. A brief overview of the trading strategy and dividend payout details has been provided below.

PNB Housing Finance Dividend

The Board of Directors of the company has recommended a final dividend of Rs 5/- per equity share of face value of Rs 10/- each for the financial year ended March 31, 2025.

PNB Housing Finance Dividend Record Date

"August 01, 2025, Friday has been fixed as the record date for the purpose of determining the members eligible to receive dividend for the financial year 2024-25, subject to approval of the shareholders at the 37th AGM," said PNB Housing Finance in a regulatory filing on July 02, 2025.

The 37th Annual General Meeting (AGM) of PNB Housing Finance is scheduled to be held on Thursday, August 21, 2025.

PNB Housing Finance Fundraising Plan

"The Board has recommended to the members for approval, at the ensuing Annual General Meeting, for issuance of Non-Convertible Debentures (NCDs) aggregating up to INR 10,000 Crore (Rupees Ten Thousand Crore Only) on private placement basis, in one or more tranches," PNB Housing Finance confirmed in a regulatory filing.

PNB Housing Finance Share Price Target

"PNB Housing is in a strong uptrend, trading at multi-month highs. The stock has immediate resistance near ₹1,120, and a breakout above this could lead to ₹1,170-₹1,200. Support is placed around ₹1,040. Momentum indicators remain strong, and volumes are healthy. Traders can look to buy on dips toward ₹1,050-₹1,060 with a stop-loss below ₹1,030. The trend remains bullish unless ₹1,030 is breached decisively," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

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