Edelweiss Mutual Fund acquired 26,72,771 shares, representing a 1.03% stake, in PNB Housing Finance. The total value of this new position is approximately ₹293.94 Cr, calculated at the share price of ₹1099.80.
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.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.
