Aditya Birla Sun Life Mutual Fund decreased its stake in PNB Housing Finance Limited by selling 5,51,736 shares, reducing its holding from 3.68% to 3.47%. The value of the sold shares is approximately ₹64.24 Cr, at a share price of ₹1165.00.
A housing finance company that provides retail customers with home loans, loans against property, and non-resident property financing solutions across India. Promoted by Punjab National Bank, PNB Housing Finance operates in the residential lending market, offering tailored credit products for individual borrowers. The company specializes in affordable housing finance and serves diverse customer segments seeking property-related financing solutions and advisory services.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.
