PNB Housing Finance has announced the appointment of Mr. Ajai Kumar Shukla as the Managing Director and Chief Executive Officer of the company following a successful postal ballot.
The resolution for Mr. Shukla’s appointment was passed with a significant majority, with 99.5023% of votes cast in favour. The e-voting process, facilitated by the National Securities Depository Limited, commenced on February 11, 2026, and concluded on March 12, 2026. The company reported that 81.4740% of the total eligible votes were cast during this period.
In addition to Mr. Shukla’s appointment, the company also passed a resolution to appoint Mr. Dipankar Mahapatra as a Nominee Non-Executive Director. Both resolutions received overwhelming support from the shareholders, indicating strong confidence in the new leadership.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).