PNB Housing Finance Appoints New MD & Directors via Postal Ballot

New Delhi, 13 March 2026: PNB Housing Finance Limited has successfully completed its postal ballot process and declared the results of key resolutions, including the appointment of Mr. Ajai Kumar Shukla as Managing Director & CEO, the appointment of Mr. Dipankar Mahapatra as Nominee Non-Executive Director, and approval for sitting fees to Mr. Dilip Kumar Jain, Non-Executive Nominee Director.

The postal ballot was conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant provisions of the Companies Act, 2013. The process was facilitated through remote e-voting services provided by the National Securities Depository Limited (NSDL). Voting commenced on 11 February 2026 and concluded on 12 March 2026.

Key Voting Outcomes:

Appointment of Mr. Ajai Kumar Shukla as MD & CEO
- Total votes cast: 21,22,46,669
- Votes in favor: 21,11,90,233 (99.50%)
- Votes against: 10,56,436 (0.50%)
- Resolution: Passed
Appointment of Mr. Dipankar Mahapatra as Nominee Non-Executive Director
- Total votes cast: 21,22,68,910
- Votes in favor: 18,63,00,351 (87.77%)
- Votes against: 2,59,68,559 (12.23%)
- Resolution: Passed
Payment of Sitting Fee to Mr. Dilip Kumar Jain, Non-Executive Nominee Director
- Total votes cast: 21,22,69,059
- Votes in favor: 21,21,00,819 (99.92%)
- Votes against: 1,68,240 (0.08%)
- Resolution: Passed

The scrutinizer, Sujeet Kumar of Sanjay Grover & Associates, confirmed that the e-voting process was conducted fairly and transparently. The resolutions are deemed passed as of the last date of voting, 12 March 2026, with the required majority.

About PNB Housing Finance Limited:
A leading housing finance company in India, PNB Housing Finance Limited offers home loans, loan against property, and construction finance. The company operates under stringent regulatory compliance and corporate governance standards, providing innovative financial solutions to its clients across India.